Aberdeen Asset Management plc (LON:ADN) had its price objective raised by BNP Paribas from GBX 235 ($2.91) to GBX 260 ($3.22) in a report issued on Tuesday morning. They currently have an underperform rating on the stock.
Several other research analysts have also weighed in on ADN. JPMorgan Chase & Co. dropped their target price on Aberdeen Asset Management plc from GBX 275 ($3.40) to GBX 235 ($2.91) and set a neutral rating on the stock in a research report on Wednesday, June 29th. Barclays PLC decreased their price target on Aberdeen Asset Management plc from GBX 230 ($2.85) to GBX 225 ($2.78) and set an underweight rating for the company in a research note on Thursday, June 30th. Goldman Sachs Group Inc. reiterated a neutral rating and set a GBX 270 ($3.34) price target on shares of Aberdeen Asset Management plc in a research note on Monday, July 4th. Jefferies Group decreased their price target on Aberdeen Asset Management plc from GBX 253 ($3.13) to GBX 240 ($2.97) and set a hold rating for the company in a research note on Wednesday, July 6th. Finally, Credit Suisse Group AG reiterated a neutral rating and set a GBX 280 ($3.47) price target on shares of Aberdeen Asset Management plc in a research note on Tuesday, July 12th. Seven research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 283.36 ($3.51).
Shares of Aberdeen Asset Management plc (LON:ADN) opened at 325.50 on Tuesday. The company’s market capitalization is GBX 4.18 billion. Aberdeen Asset Management plc has a one year low of GBX 208.50 and a one year high of GBX 376.60. The stock has a 50 day moving average price of GBX 330.53 and a 200-day moving average price of GBX 300.25.
In other Aberdeen Asset Management plc news, insider Julie Chakraverty purchased 3,042 shares of the company’s stock in a transaction that occurred on Monday, September 26th. The stock was purchased at an average cost of GBX 326 ($4.03) per share, with a total value of £9,916.92 ($12,273.42). Also, insider Gilbert,Martin J sold 1,631,343 shares of the firm’s stock in a transaction on Thursday, September 15th. The shares were sold at an average price of GBX 325 ($4.02), for a total value of £5,301,864.75 ($6,561,713.80).
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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