Standard Life Aberdeen PLC (SL) Receives Consensus Recommendation of “Hold” from Analysts
Standard Life Aberdeen PLC (LON:SL) has been given a consensus rating of “Hold” by the nineteen brokerages that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 450.29 ($6.06).
A number of research analysts have commented on SL shares. Numis Securities upped their target price on shares of Standard Life Aberdeen from GBX 465 ($6.26) to GBX 492 ($6.62) and gave the company an “add” rating in a research report on Monday, August 14th. Citigroup reiterated a “buy” rating and set a GBX 490 ($6.59) price target on shares of Standard Life Aberdeen in a research note on Thursday, October 12th. Goldman Sachs Group reiterated a “buy” rating and set a GBX 500 ($6.73) price target on shares of Standard Life Aberdeen in a research note on Tuesday, September 12th. reiterated a “buy” rating on shares of Standard Life Aberdeen in a research note on Thursday, November 9th. Finally, HSBC boosted their price target on shares of Standard Life Aberdeen from GBX 470 ($6.33) to GBX 475 ($6.39) and gave the stock a “buy” rating in a research note on Thursday, November 23rd.
Standard Life Aberdeen (LON SL) traded up GBX 0.58 ($0.01) during midday trading on Monday, reaching GBX 418.98 ($5.64). 6,260,000 shares of the company’s stock were exchanged, compared to its average volume of 5,820,000. Standard Life Aberdeen has a 52 week low of GBX 336.50 ($4.53) and a 52 week high of GBX 448.60 ($6.04).
About Standard Life Aberdeen
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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