Standard Life Aberdeen (LON:SLA) Receives Hold Rating from Deutsche Bank

Deutsche Bank restated their hold rating on shares of Standard Life Aberdeen (LON:SLA) in a report issued on Monday, ThisIsMoney.Co.Uk reports.

A number of other analysts also recently issued reports on SLA. Bank of America downgraded shares of Standard Life Aberdeen to a neutral rating in a report on Wednesday, January 8th. Royal Bank of Canada reissued an underperform rating on shares of Standard Life Aberdeen in a report on Friday, March 20th. Barclays increased their price target on shares of Standard Life Aberdeen from GBX 300 ($3.95) to GBX 310 ($4.08) and gave the stock an equal weight rating in a report on Monday, January 13th. BNP Paribas downgraded shares of Standard Life Aberdeen to an underperform rating in a report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Standard Life Aberdeen from GBX 350 ($4.60) to GBX 250 ($3.29) and set a neutral rating on the stock in a report on Wednesday, March 18th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 269.27 ($3.54).

Shares of LON SLA opened at GBX 225.10 ($2.96) on Monday. The company’s fifty day moving average price is GBX 270.98 and its 200 day moving average price is GBX 294.69. Standard Life Aberdeen has a 1 year low of GBX 170.30 ($2.24) and a 1 year high of GBX 338.25 ($4.45). The company has a market capitalization of $5.08 billion and a PE ratio of 20.28. The company has a debt-to-equity ratio of 18.92, a quick ratio of 1.18 and a current ratio of 2.66.

The company also recently disclosed a dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Thursday, April 2nd will be paid a dividend of GBX 14.30 ($0.19) per share. This is a positive change from Standard Life Aberdeen’s previous dividend of $7.30. This represents a yield of 5.85%. The ex-dividend date of this dividend is Thursday, April 2nd. Standard Life Aberdeen’s payout ratio is 1.98%.

In other news, insider Keith Skeoch bought 50,294 shares of Standard Life Aberdeen stock in a transaction on Tuesday, March 17th. The stock was acquired at an average price of GBX 197 ($2.59) per share, with a total value of £99,079.18 ($130,333.04).

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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