Standard Life Aberdeen PLC (SL) Receives “Overweight” Rating from J P Morgan Chase & Co
Standard Life Aberdeen PLC (LON:SL)‘s stock had its “overweight” rating reissued by equities researchers at J P Morgan Chase & Co in a report released on Thursday, StockTargetPrices.com reports. They presently have a GBX 540 ($7.28) target price on the stock. J P Morgan Chase & Co’s price target would indicate a potential upside of 31.45% from the company’s current price.
A number of other analysts have also recently commented on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 520 ($7.01) target price on shares of Standard Life Aberdeen PLC in a research note on Monday, September 11th. Deutsche Bank AG reissued a “hold” rating on shares of Standard Life Aberdeen PLC in a research report on Monday, September 4th. HSBC Holdings plc raised shares of Standard Life Aberdeen PLC to a “buy” rating and raised their price target for the stock from GBX 400 ($5.39) to GBX 460 ($6.20) in a research report on Friday, July 14th. Barclays PLC reissued an “underweight” rating on shares of Standard Life Aberdeen PLC in a research report on Monday, June 19th. Finally, Jefferies Group LLC raised their price target on shares of Standard Life Aberdeen PLC from GBX 398 ($5.37) to GBX 411 ($5.54) and gave the stock a “hold” rating in a research report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 448 ($6.04).
Standard Life Aberdeen PLC (LON SL) traded down 3.75% on Thursday, hitting GBX 410.80. 32,124,771 shares of the stock traded hands. Standard Life Aberdeen PLC has a 12 month low of GBX 322.76 and a 12 month high of GBX 447.60. The firm has a 50-day moving average price of GBX 422.60 and a 200-day moving average price of GBX 385.80.
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Standard Life Aberdeen PLC Company Profile
Standard Life Aberdeen plc, formerly Standard Life plc, is a United Kingdom-based global investment company. The Company operates through four segments, which include Standard Life Investments, Pensions and Savings, India and China, and Other. The Standard Life Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
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