Aberdeen Asset Management plc (ADN) Given Consensus Rating of “Hold” by Analysts
Shares of Aberdeen Asset Management plc (LON:ADN) have received a consensus rating of “Hold” from the eighteen ratings firms that are covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 292.81 ($3.82).
A number of brokerages have weighed in on ADN. UBS AG reiterated a “sell” rating and issued a GBX 235 ($3.07) price target on shares of Aberdeen Asset Management plc in a research report on Tuesday, April 4th. BNP Paribas reiterated a “neutral” rating and issued a GBX 300 ($3.92) price target on shares of Aberdeen Asset Management plc in a research report on Tuesday. Barclays PLC upped their price target on Aberdeen Asset Management plc from GBX 260 ($3.40) to GBX 285 ($3.72) and gave the company an “underweight” rating in a research report on Thursday. Jefferies Group LLC upped their price target on Aberdeen Asset Management plc from GBX 287 ($3.75) to GBX 302 ($3.94) and gave the company a “hold” rating in a research report on Tuesday, July 11th. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 280 ($3.66) price target on shares of Aberdeen Asset Management plc in a research report on Tuesday, May 2nd.
Shares of Aberdeen Asset Management plc (ADN) traded down 1.51% during trading on Friday, reaching GBX 318.70. The company had a trading volume of 2,510,033 shares. The firm’s market capitalization is GBX 4.10 billion. The stock has a 50 day moving average price of GBX 300.01 and a 200 day moving average price of GBX 281.54. Aberdeen Asset Management plc has a 12 month low of GBX 244.40 and a 12 month high of GBX 354.40.
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About Aberdeen Asset Management plc
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.
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