Shares of Aberdeen Asset Management plc (LON:ADN) have received an average recommendation of “Hold” from the eighteen analysts that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 292.81 ($3.78).

A number of equities research analysts have recently commented on the company. Macquarie restated a “neutral” rating and set a GBX 271 ($3.50) target price on shares of Aberdeen Asset Management plc in a research report on Friday, August 11th. BNP Paribas restated a “neutral” rating and set a GBX 300 ($3.87) target price on shares of Aberdeen Asset Management plc in a research report on Tuesday, July 18th. Jefferies Group LLC raised their target price on Aberdeen Asset Management plc from GBX 287 ($3.71) to GBX 302 ($3.90) and gave the company a “hold” rating in a research report on Tuesday, July 11th. Barclays PLC raised their target price on Aberdeen Asset Management plc from GBX 260 ($3.36) to GBX 285 ($3.68) and gave the company an “underweight” rating in a research report on Thursday, July 20th. Finally, Morgan Stanley upgraded Aberdeen Asset Management plc to an “equal weight” rating and raised their target price for the company from GBX 260 ($3.36) to GBX 332 ($4.29) in a research report on Wednesday, June 7th.

COPYRIGHT VIOLATION WARNING: “Aberdeen Asset Management plc (ADN) Receives Average Rating of “Hold” from Analysts” was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/09/09/aberdeen-asset-management-plc-adn-receives-average-rating-of-hold-from-analysts.html.

Shares of Aberdeen Asset Management plc (ADN) traded down 1.37% during trading on Friday, hitting GBX 317.60. The stock had a trading volume of 29,986,706 shares. The firm has a 50 day moving average price of GBX 316.68 and a 200 day moving average price of GBX 288.48. Aberdeen Asset Management plc has a 12-month low of GBX 244.40 and a 12-month high of GBX 354.40.

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.

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

Receive News & Ratings for Aberdeen Asset Management plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aberdeen Asset Management plc and related companies with MarketBeat.com's FREE daily email newsletter.