Standard Life Aberdeen PLC (SLA) Rating Lowered to market perform at Sanford C. Bernstein
Standard Life Aberdeen PLC (LON:SLA) was downgraded by stock analysts at Sanford C. Bernstein to a “market perform” rating in a report issued on Tuesday. They presently have a GBX 430 ($5.71) price target on the stock. Sanford C. Bernstein’s target price would suggest a potential downside of 3.65% from the company’s previous close.
SLA has been the topic of a number of other reports. Barclays PLC reissued an “overweight” rating and issued a GBX 510 ($6.78) price target on shares of Standard Life Aberdeen PLC in a report on Monday, September 25th. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 490 ($6.51) price objective on shares of Standard Life Aberdeen PLC in a report on Thursday, October 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 520 ($6.91) price objective on shares of Standard Life Aberdeen PLC in a report on Tuesday, October 3rd. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a GBX 500 ($6.64) price objective on shares of Standard Life Aberdeen PLC in a report on Tuesday, September 12th. Finally, J P Morgan Chase & Co began coverage on Standard Life Aberdeen PLC in a report on Thursday, September 7th. They set an “overweight” rating and a GBX 540 ($7.18) price objective on the stock. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of GBX 493.57 ($6.56).
Shares of Standard Life Aberdeen PLC (LON:SLA) traded down 3.88% during midday trading on Tuesday, reaching GBX 429.00. 7,884,975 shares of the company were exchanged. The stock’s market capitalization is GBX 12.77 billion. Standard Life Aberdeen PLC has a 12-month low of GBX 322.76 and a 12-month high of GBX 448.60. The company has a 50 day moving average price of GBX 425.72 and a 200-day moving average price of GBX 403.80.
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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 Aberdeen Standard Investments, Pensions and Savings, India and China, and Other. The Aberdeen Standard Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
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