Standard Life Aberdeen PLC (LON:SLA) has been assigned an average recommendation of “Buy” from the eleven brokerages that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 483.75 ($6.78).
SLA has been the subject of several research analyst reports. Numis Securities upped their target price on shares of Standard Life Aberdeen from GBX 445 ($6.24) to GBX 481 ($6.74) and gave the company a “hold” rating in a research note on Friday, October 27th. Royal Bank of Canada restated an “outperform” rating and issued a GBX 520 ($7.29) price objective on shares of Standard Life Aberdeen in a research note on Friday, December 15th. Barclays increased their price objective on shares of Standard Life Aberdeen from GBX 510 ($7.15) to GBX 520 ($7.29) and gave the company an “overweight” rating in a research note on Wednesday, November 1st. restated a “buy” rating on shares of Standard Life Aberdeen in a research note on Thursday, November 9th. Finally, Sanford C. Bernstein cut shares of Standard Life Aberdeen to a “market perform” rating and set a GBX 430 ($6.03) price objective for the company. in a research note on Tuesday, October 17th.
Standard Life Aberdeen (LON:SLA) opened at GBX 389.20 ($5.46) on Friday. The company has a market cap of $11,940.00 and a price-to-earnings ratio of 1,769.09. Standard Life Aberdeen has a one year low of GBX 339.67 ($4.76) and a one year high of GBX 448.60 ($6.29).
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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