Standard Life Aberdeen (SLA) Stock Rating Lowered by Barclays

Barclays lowered shares of Standard Life Aberdeen (LON:SLA) to an equal weight rating in a report published on Friday morning, ThisIsMoney.Co.Uk reports. They currently have GBX 295 ($3.85) target price on the stock, down from their prior target price of GBX 338 ($4.42).

Several other research analysts also recently weighed in on the company. Jefferies Financial Group restated a buy rating and set a GBX 410 ($5.36) target price on shares of Standard Life Aberdeen in a research note on Monday, March 25th. Goldman Sachs Group restated a buy rating and set a GBX 315 ($4.12) target price (up from GBX 310 ($4.05)) on shares of Standard Life Aberdeen in a research note on Monday, April 1st. JPMorgan Chase & Co. dropped their target price on Standard Life Aberdeen from GBX 365 ($4.77) to GBX 350 ($4.57) and set an overweight rating on the stock in a research note on Wednesday, March 20th. Numis Securities restated a buy rating and set a GBX 361 ($4.72) target price on shares of Standard Life Aberdeen in a research note on Wednesday, March 13th. Finally, UBS Group restated a buy rating on shares of Standard Life Aberdeen in a research note on Thursday, March 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of GBX 331.83 ($4.34).

SLA opened at GBX 271.80 ($3.55) on Friday. The firm has a market capitalization of $6.59 billion and a PE ratio of 9.34. The company has a debt-to-equity ratio of 17.20, a current ratio of 1.58 and a quick ratio of 1.01. Standard Life Aberdeen has a 12 month low of GBX 219.10 ($2.86) and a 12 month high of GBX 382.70 ($5.00).



The firm also recently announced a dividend, which will be paid on Tuesday, May 21st. Investors of record on Thursday, April 11th will be paid a dividend of GBX 14.30 ($0.19) per share. This represents a yield of 5.7%. This is an increase from Standard Life Aberdeen’s previous dividend of $7.30. The ex-dividend date of this dividend is Thursday, April 11th. Standard Life Aberdeen’s payout ratio is 0.79%.

In other news, insider Douglas J. Flint purchased 7,750 shares of the company’s stock in a transaction on Monday, March 25th. The shares were acquired at an average price of GBX 258 ($3.37) per share, for a total transaction of £19,995 ($26,127.01). Also, insider Cathleen Raffaeli purchased 9,315 shares of the company’s stock in a transaction on Friday, March 15th. The shares were purchased at an average price of GBX 260 ($3.40) per share, for a total transaction of £24,219 ($31,646.41). Over the last 90 days, insiders have purchased 24,927 shares of company stock worth $6,487,490.

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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Analyst Recommendations for Standard Life Aberdeen (LON:SLA)

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