Standard Life Aberdeen (LON:SL)‘s stock had its “outperform” rating restated by analysts at Royal Bank of Canada in a note issued to investors on Thursday, December 21st, StockTargetPrices.com reports. They presently have a GBX 520 ($7.05) price objective on the stock. Royal Bank of Canada’s target price indicates a potential upside of 17.89% from the stock’s previous close.
Several other equities analysts also recently commented on the company. reaffirmed a “buy” rating on shares of Standard Life Aberdeen in a research report on Thursday, November 9th. Berenberg Bank raised their price objective on Standard Life Aberdeen from GBX 400 ($5.42) to GBX 440 ($5.97) and gave the company a “hold” rating in a research report on Thursday, October 19th. Deutsche Bank reaffirmed a “hold” rating on shares of Standard Life Aberdeen in a research report on Monday, September 4th. Numis Securities increased their price target on Standard Life Aberdeen from GBX 445 ($6.03) to GBX 481 ($6.52) and gave the company a “hold” rating in a research note on Friday, October 27th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Standard Life Aberdeen in a research note on Thursday, November 16th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the stock. Standard Life Aberdeen currently has a consensus rating of “Hold” and an average price target of GBX 453 ($6.14).
Standard Life Aberdeen (LON SL) traded down GBX 1.50 ($0.02) during midday trading on Thursday, reaching GBX 441.10 ($5.98). The company had a trading volume of 4,890,000 shares, compared to its average volume of 4,730,000. The stock has a market cap of $13,140.00 and a PE ratio of 2,005.00. Standard Life Aberdeen has a one year low of GBX 336.50 ($4.56) and a one year high of GBX 448.60 ($6.08).
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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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