Royal Bank of Canada Reiterates Outperform Rating for Standard Life Aberdeen (LON:SL)

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).

ILLEGAL ACTIVITY NOTICE: “Royal Bank of Canada Reiterates Outperform Rating for Standard Life Aberdeen (LON:SL)” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://ledgergazette.com/2018/01/14/royal-bank-of-canada-reiterates-outperform-rating-for-standard-life-aberdeen-sl.html.

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.

Stock Target Prices

Analyst Recommendations for Standard Life Aberdeen (LON:SL)

Receive News & Ratings for Standard Life Aberdeen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Life Aberdeen and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply