Aberdeen Asset Management plc (LON:ADN) had its target price upped by equities researchers at Barclays PLC from GBX 260 ($3.40) to GBX 285 ($3.72) in a report issued on Thursday. The brokerage currently has an “underweight” rating on the stock. Barclays PLC’s price objective suggests a potential downside of 10.74% from the stock’s current price.

Other research analysts have also issued reports about the stock. Numis Securities Ltd lowered shares of Aberdeen Asset Management plc to an “add” rating and upped their target price for the stock from GBX 332 ($4.34) to GBX 338 ($4.41) in a research report on Thursday, May 4th. Liberum Capital restated a “buy” rating and set a GBX 332 ($4.34) target price on shares of Aberdeen Asset Management plc in a research report on Tuesday, May 2nd. HSBC Holdings plc upgraded shares of Aberdeen Asset Management plc to a “buy” rating and upped their target price for the stock from GBX 286 ($3.73) to GBX 350 ($4.57) in a research report on Friday, July 14th. Morgan Stanley upgraded shares of Aberdeen Asset Management plc to an “equal weight” rating and upped their target price for the stock from GBX 260 ($3.40) to GBX 332 ($4.34) in a research report on Wednesday, June 7th. Finally, Jefferies Group LLC restated a “hold” rating and set a GBX 287 ($3.75) target price on shares of Aberdeen Asset Management plc in a research report on Monday, April 10th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 292.81 ($3.82).

Shares of Aberdeen Asset Management plc (LON ADN) traded up 1.03% on Thursday, reaching GBX 322.60. 1,260,095 shares of the company were exchanged. Aberdeen Asset Management plc has a 52-week low of GBX 244.40 and a 52-week high of GBX 354.40. The stock has a 50 day moving average of GBX 298.53 and a 200-day moving average of GBX 280.98. The company’s market capitalization is GBX 4.15 billion.

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Aberdeen Asset Management plc Company Profile

Aberdeen Asset Management PLC is a United Kingdom-based asset manager. The Company operates through asset management for reporting and control purposes. The Company is managed as a single asset management business, with multiple investment strategies of equities, fixed income and property, complemented by a solutions business, which provides multi asset, alternatives and quantitative investment capabilities.

Analyst Recommendations for Aberdeen Asset Management plc (LON:ADN)

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