Standard Life Aberdeen (LON:SLA) Price Target Raised to GBX 300 at Barclays

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Standard Life Aberdeen (LON:SLA) had its price target upped by Barclays from GBX 295 ($3.85) to GBX 300 ($3.92) in a research note issued to investors on Monday, Digital Look reports. Barclays currently has an equal weight rating on the stock.

SLA has been the subject of a number of other research reports. Berenberg Bank upgraded John Wood Group from a hold rating to a buy rating in a research note on Friday, July 5th. Numis Securities lowered their target price on Lekoil from GBX 40 ($0.52) to GBX 22 ($0.29) and set a buy rating for the company in a research note on Tuesday, May 14th. Goldman Sachs Group set a €148.00 ($172.09) target price on Airbus and gave the company a buy rating in a research note on Monday, April 1st. JPMorgan Chase & Co. set a €23.00 ($26.74) target price on GEA Group Aktiengesellschaft and gave the company a neutral rating in a research note on Wednesday, March 20th. Finally, Royal Bank of Canada restated an underperform rating and issued a GBX 215 ($2.81) target price on shares of in a research note on Wednesday, June 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 315.10 ($4.12).

SLA opened at GBX 301.70 ($3.94) on Monday. The stock has a market cap of $7.29 billion and a PE ratio of 10.37. The company has a current ratio of 1.58, a quick ratio of 1.01 and a debt-to-equity ratio of 17.20. The company has a 50 day moving average price of GBX 281.96. Standard Life Aberdeen has a 52 week low of GBX 219.10 ($2.86) and a 52 week high of GBX 385.60 ($5.04).

In other Standard Life Aberdeen news, insider Rod Paris sold 7,411 shares of Standard Life Aberdeen stock in a transaction on Monday, May 20th. The stock was sold at an average price of GBX 259 ($3.38), for a total transaction of £19,194.49 ($25,081.00). Also, insider Keith Skeoch sold 44,225 shares of Standard Life Aberdeen stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of GBX 264 ($3.45), for a total value of £116,754 ($152,559.78).

Standard Life Aberdeen Company Profile

Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.

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Analyst Recommendations for Standard Life Aberdeen (LON:SLA)

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