Standard Life Aberdeen (LON:SLA)'s stock had its "hold" rating restated by equities research analysts at Deutsche Bank in a report released on Thursday, ThisIsMoney.Co.Uk reports.
Other equities analysts also recently issued research reports about the stock. Berenberg Bank upped their price objective on shares of Standard Life Aberdeen from GBX 190 ($2.34) to GBX 275 ($3.38) and gave the company a "hold" rating in a research note on Tuesday, July 7th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Standard Life Aberdeen in a report on Tuesday, June 30th. UBS Group upped their target price on shares of Standard Life Aberdeen from GBX 255 ($3.14) to GBX 270 ($3.32) and gave the company a "neutral" rating in a report on Wednesday. JPMorgan Chase & Co. lowered their price objective on Standard Life Aberdeen from GBX 250 ($3.08) to GBX 245 ($3.02) and set a "neutral" rating on the stock in a report on Monday, July 6th. Finally, Goldman Sachs Group reissued a "buy" rating on shares of Standard Life Aberdeen in a research note on Monday, April 27th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company's stock. The company presently has a consensus rating of "Hold" and an average target price of GBX 247.50 ($3.05).
LON SLA opened at GBX 268.20 ($3.30) on Thursday. The company has a debt-to-equity ratio of 18.92, a current ratio of 2.66 and a quick ratio of 1.18. Standard Life Aberdeen has a 1 year low of GBX 170.30 ($2.10) and a 1 year high of GBX 338.25 ($4.16). The company has a market capitalization of $6.08 billion and a PE ratio of 24.16. The company has a fifty day moving average of GBX 262.57 and a two-hundred day moving average of GBX 262.77.
In other news, insider Stephanie Bruce bought 103,859 shares of the firm's stock in a transaction on Tuesday, July 7th. The shares were bought at an average cost of GBX 265 ($3.26) per share, for a total transaction of £275,226.35 ($338,698.44). Also, insider Keith Skeoch acquired 658 shares of Standard Life Aberdeen stock in a transaction dated Tuesday, May 19th. The stock was bought at an average price of GBX 230 ($2.83) per share, for a total transaction of £1,513.40 ($1,862.42). Over the last quarter, insiders have acquired 104,669 shares of company stock worth $27,711,556.
About Standard Life Aberdeen
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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