Standard Life Aberdeen PLC (SLA) Insider Acquires £50,858.22 in Stock

Standard Life Aberdeen PLC (LON:SLA) insider Kevin A. H. Parry purchased 14,246 shares of the stock in a transaction that occurred on Tuesday, April 3rd. The stock was purchased at an average price of GBX 357 ($5.01) per share, for a total transaction of £50,858.22 ($71,389.98).

SLA stock opened at GBX 365.40 ($5.13) on Friday. Standard Life Aberdeen PLC has a 1 year low of GBX 339.67 ($4.77) and a 1 year high of GBX 448.60 ($6.30).

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The business also recently announced a dividend, which will be paid on Wednesday, May 30th. Investors of record on Thursday, April 19th will be paid a GBX 14.30 ($0.20) dividend. The ex-dividend date is Thursday, April 19th. This represents a yield of 3.8%. This is a positive change from Standard Life Aberdeen’s previous dividend of $7.00.

A number of research firms recently weighed in on SLA. Numis Securities restated a “top pick” rating on shares of Standard Life Aberdeen in a report on Thursday. Deutsche Bank restated a “buy” rating on shares of Standard Life Aberdeen in a report on Friday, March 23rd. Jefferies Group lowered their price target on Standard Life Aberdeen from GBX 503 ($7.06) to GBX 469 ($6.58) and set a “buy” rating on the stock in a report on Thursday, March 15th. Morgan Stanley restated an “overweight” rating and issued a GBX 479 ($6.72) price target on shares of Standard Life Aberdeen in a report on Tuesday, February 27th. Finally, Barclays restated an “overweight” rating and issued a GBX 460 ($6.46) price target on shares of Standard Life Aberdeen in a report on Monday, February 26th. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 469.83 ($6.60).

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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.

Insider Buying and Selling by Quarter for Standard Life Aberdeen (LON:SLA)

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