Aberdeen Asset Management plc (LON:ADN)‘s stock had its “neutral” rating reiterated by equities researchers at BNP Paribas in a research report issued on Monday. They presently have a GBX 280 ($3.46) target price on the stock. BNP Paribas’ target price indicates a potential upside of 7.13% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. Goldman Sachs Group Inc reaffirmed a “sell” rating and set a GBX 235 ($2.90) target price on shares of Aberdeen Asset Management plc in a research note on Tuesday, December 13th. Peel Hunt reiterated a “hold” rating and issued a GBX 280 ($3.46) price target on shares of Aberdeen Asset Management plc in a research report on Monday. Citigroup Inc reiterated a “sell” rating and issued a GBX 250 ($3.09) price target on shares of Aberdeen Asset Management plc in a research report on Wednesday, November 30th. Barclays PLC reissued an “underweight” rating and issued a GBX 260 ($3.21) price objective (down from GBX 300 ($3.71)) on shares of Aberdeen Asset Management plc in a research note on Wednesday, November 30th. Finally, Jefferies Group LLC reduced their price objective on Aberdeen Asset Management plc from GBX 254 ($3.14) to GBX 221 ($2.73) and set an “underperform” rating for the company in a research note on Tuesday, December 6th. Five equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has assigned a buy rating to the stock. Aberdeen Asset Management plc presently has a consensus rating of “Hold” and a consensus target price of GBX 277.38 ($3.43).
Aberdeen Asset Management plc (LON:ADN) opened at 261.18 on Monday. The company’s market cap is GBX 3.36 billion. The company’s 50 day moving average is GBX 269.30 and its 200 day moving average is GBX 288.19. Aberdeen Asset Management plc has a 1-year low of GBX 212.50 and a 1-year 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.
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