Aberdeen Asset Management plc’s “Hold” Rating Reaffirmed at Numis Securities Ltd (ADN)
Aberdeen Asset Management plc (LON:ADN)‘s stock had its “hold” rating restated by Numis Securities Ltd in a research note issued on Thursday, AnalystRatingsNetwork reports. They currently have a GBX 425 ($6.98) price target on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 4.37% from the company’s current price.
Shares of Aberdeen Asset Management plc (LON:ADN) traded up 1.37% during mid-day trading on Thursday, hitting GBX 407.21. The stock had a trading volume of 10,168,247 shares. Aberdeen Asset Management plc has a 52 week low of GBX 342.60 and a 52 week high of GBX 500.00. The stock has a 50-day moving average of GBX 448. and a 200-day moving average of GBX 420.1. The company’s market cap is £4.677 billion.
ADN has been the subject of a number of other recent research reports. Analysts at RBC Capital cut their price target on shares of Aberdeen Asset Management plc from GBX 550 ($9.04) to GBX 485 ($7.97) in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at Berenberg Bank cut their price target on shares of Aberdeen Asset Management plc from GBX 555 ($9.12) to GBX 530 ($8.71) in a research note to investors on Friday, January 31st. They now have a “buy” rating on the stock. Finally, analysts at Espirito Santo Investment Bank Research cut their price target on shares of Aberdeen Asset Management plc from GBX 573 ($9.42) to GBX 514 ($8.45) in a research note to investors on Monday, January 27th. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a sell rating, five have given a hold rating and fifteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 491.32 ($8.07).
Aberdeen Asset Management PLC is an international asset management company investing across the four main asset classes of equity, fixed income, property and alternative investment strategies.
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