Aberdeen Asset Management plc Given Average Rating of “Hold” by Analysts (LON:ADN)
Shares of Aberdeen Asset Management plc (LON:ADN) have earned a consensus recommendation of “Hold” from the twenty analysts that are presently covering the company, Stock Ratings News reports. Three research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 472.29 ($7.95).
Aberdeen Asset Management plc (LON:ADN) opened at 416.40 on Monday. 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 446.5 and a 200-day moving average of GBX 424.4. The company’s market cap is £4.772 billion.
A number of analysts have recently weighed in on ADN shares. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Aberdeen Asset Management plc in a research note on Wednesday, July 30th. They now have a GBX 440 ($7.40) price target on the stock. Separately, analysts at Berenberg Bank cut their price target on shares of Aberdeen Asset Management plc from GBX 530 ($8.92) to GBX 510 ($8.58) in a research note on Tuesday, July 29th. They now have a “buy” rating on the stock. Finally, analysts at Societe Generale downgraded shares of Aberdeen Asset Management plc to a “hold” rating in a research note on Tuesday, July 29th. They now have a GBX 465 ($7.82) price target on the stock.
Aberdeen Asset Management PLC is a global asset management company investing across the four main asset classes of equity, fixed income, property and alternative investment strategies.
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