Standard Life Aberdeen (LON:SLA)‘s stock had its “buy” rating restated by stock analysts at Goldman Sachs Group in a research report issued to clients and investors on Monday, April 1st, ThisIsMoney.Co.Uk reports. They currently have a GBX 315 ($4.12) price objective on the stock, up from their previous price objective of GBX 310 ($4.05). Goldman Sachs Group’s price objective points to a potential upside of 12.46% from the stock’s current price.
A number of other analysts also recently weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and issued a GBX 410 ($5.36) price target on shares of Standard Life Aberdeen in a report on Monday, March 25th. JPMorgan Chase & Co. cut their price target on shares of Standard Life Aberdeen from GBX 365 ($4.77) to GBX 350 ($4.57) and set an “overweight” rating for the company in a report on Wednesday, March 20th. UBS Group reissued a “buy” rating on shares of Standard Life Aberdeen in a report on Thursday, March 14th. Numis Securities reissued a “buy” rating and set a GBX 361 ($4.72) price target on shares of Standard Life Aberdeen in a report on Wednesday, March 13th. Finally, Citigroup reissued a “buy” rating on shares of Standard Life Aberdeen in a report on Tuesday, March 12th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 331.83 ($4.34).
LON:SLA traded up GBX 1.40 ($0.02) during midday trading on Monday, reaching GBX 280.10 ($3.66). The stock had a trading volume of 5,258,648 shares, compared to its average volume of 9,330,000. The company has a current ratio of 1.58, a quick ratio of 1.01 and a debt-to-equity ratio of 17.20. Standard Life Aberdeen has a 1-year low of GBX 219.10 ($2.86) and a 1-year high of GBX 377 ($4.93). The firm has a market capitalization of $6.74 billion and a PE ratio of 9.63.
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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