Aberdeen Asset Management plc (ADN) Given Consensus Recommendation of “Hold” by Brokerages

Aberdeen Asset Management plc (LON:ADN) has earned a consensus recommendation of “Hold” from the eighteen brokerages that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 292.81 ($3.86).

A number of research firms recently weighed in on ADN. Macquarie reissued a “neutral” rating and set a GBX 271 ($3.58) price target on shares of Aberdeen Asset Management plc in a research note on Friday, August 11th. Barclays PLC boosted their price target on shares of Aberdeen Asset Management plc from GBX 260 ($3.43) to GBX 285 ($3.76) and gave the stock an “underweight” rating in a research note on Thursday, July 20th. BNP Paribas reissued a “neutral” rating and set a GBX 300 ($3.96) price target on shares of Aberdeen Asset Management plc in a research note on Tuesday, July 18th. HSBC Holdings plc raised shares of Aberdeen Asset Management plc to a “buy” rating and boosted their price target for the stock from GBX 286 ($3.77) to GBX 350 ($4.62) in a research note on Friday, July 14th. Finally, Jefferies Group LLC upped their target price on shares of Aberdeen Asset Management plc from GBX 287 ($3.79) to GBX 302 ($3.99) and gave the company a “hold” rating in a research note on Tuesday, July 11th.

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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.

Analyst Recommendations for Aberdeen Asset Management plc (LON:ADN)

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