Numis Securities Ltd reissued their hold rating on shares of Aberdeen Asset Management plc (LON:ADN) in a research report released on Wednesday morning. They currently have a GBX 300 ($3.92) price objective on the stock.
Several other research analysts also recently commented on the stock. BNP Paribas reissued an underperform rating and set a GBX 225 ($2.94) price objective on shares of Aberdeen Asset Management plc in a report on Monday, June 27th. Goldman Sachs Group Inc. reissued a neutral rating and set a GBX 270 ($3.52) price objective on shares of Aberdeen Asset Management plc in a report on Monday, July 4th. Credit Suisse Group AG reissued a neutral rating and set a GBX 280 ($3.65) price objective on shares of Aberdeen Asset Management plc in a report on Tuesday, July 12th. Citigroup Inc. reissued a sell rating on shares of Aberdeen Asset Management plc in a report on Friday, September 30th. Finally, Barclays PLC dropped their price objective on shares of Aberdeen Asset Management plc from GBX 230 ($3.00) to GBX 225 ($2.94) and set an underweight rating for the company in a report on Thursday, June 30th. Six equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. Aberdeen Asset Management plc currently has a consensus rating of Hold and a consensus price target of GBX 278.92 ($3.64).
Aberdeen Asset Management plc (LON:ADN) traded down 2.24% during mid-day trading on Wednesday, reaching GBX 340.80. The company’s stock had a trading volume of 1,892,770 shares. Aberdeen Asset Management plc has a one year low of GBX 208.50 and a one year high of GBX 376.60. The stock’s market cap is GBX 4.38 billion. The firm’s 50 day moving average is GBX 328.86 and its 200-day moving average is GBX 298.14.
In related news, insider Julie Chakraverty bought 3,042 shares of Aberdeen Asset Management plc stock in a transaction dated Monday, September 26th. The shares were acquired at an average cost of GBX 326 ($4.26) per share, with a total value of £9,916.92 ($12,944.68). Also, insider Gilbert,Martin J sold 1,631,343 shares of the firm’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of GBX 325 ($4.24), for a total transaction of £5,301,864.75 ($6,920,590.98).
Aberdeen Asset Management plc Company Profile
Aberdeen Asset Management PLC is a United Kingdom-based global asset management company engaged in the active management of financial assets. It manages assets for both institutional and retail clients. The Company’s institutional clients include pension funds, corporates, sovereign wealth funds, government agencies and insurance companies.
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