Standard Life Aberdeen PLC (LON:SLA) Receives GBX 310 Consensus Target Price from Analysts

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Shares of Standard Life Aberdeen PLC (LON:SLA) have earned an average rating of “Hold” from the eleven analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 310 ($4.05).

SLA has been the topic of several research reports. Morgan Stanley reduced their price target on Standard Life Aberdeen from GBX 342 ($4.47) to GBX 288 ($3.76) and set an “equal weight” rating on the stock in a report on Wednesday, August 14th. UBS Group restated a “buy” rating and set a GBX 330 ($4.31) price target (down from GBX 355 ($4.64)) on shares of Standard Life Aberdeen in a report on Tuesday, August 13th. Deutsche Bank restated a “hold” rating on shares of Standard Life Aberdeen in a report on Tuesday, September 3rd. Berenberg Bank boosted their price target on Standard Life Aberdeen from GBX 290 ($3.79) to GBX 326 ($4.26) and gave the stock a “hold” rating in a report on Friday, July 5th. Finally, Barclays boosted their price target on Standard Life Aberdeen from GBX 295 ($3.85) to GBX 300 ($3.92) and gave the stock an “equal weight” rating in a report on Monday, July 8th.

Standard Life Aberdeen stock traded up GBX 8.30 ($0.11) during midday trading on Friday, reaching GBX 276.70 ($3.62). The company’s stock had a trading volume of 8,689,964 shares, compared to its average volume of 9,330,000. Standard Life Aberdeen has a 52 week low of GBX 219.10 ($2.86) and a 52 week high of GBX 374.63 ($4.90). The company has a current ratio of 3.75, a quick ratio of 2.53 and a debt-to-equity ratio of 12.26. The business has a 50-day moving average price of GBX 261.71 and a 200-day moving average price of GBX 271.01. The stock has a market cap of $6.65 billion and a PE ratio of 5.96.

The company also recently declared a dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Thursday, August 15th will be issued a dividend of GBX 7.30 ($0.10) per share. This represents a dividend yield of 2.75%. The ex-dividend date is Thursday, August 15th. Standard Life Aberdeen’s dividend payout ratio (DPR) is currently 0.47%.

In other news, insider Douglas J. Flint purchased 7,600 shares of Standard Life Aberdeen stock in a transaction dated Wednesday, August 7th. The shares were bought at an average cost of GBX 260 ($3.40) per share, for a total transaction of £19,760 ($25,819.94). Over the last 90 days, insiders have bought 7,744 shares of company stock worth $2,015,896.

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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