Jefferies Financial Group Reaffirms Buy Rating for Standard Life Aberdeen (LON:SLA)

Jefferies Financial Group restated their buy rating on shares of Standard Life Aberdeen (LON:SLA) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.

Other equities research analysts also recently issued research reports about the stock. Berenberg Bank lowered their price objective on shares of Standard Life Aberdeen from GBX 220 ($2.71) to GBX 190 ($2.34) and set a hold rating for the company in a research report on Monday, April 6th. UBS Group boosted their price objective on shares of Standard Life Aberdeen from GBX 185 ($2.28) to GBX 255 ($3.14) and gave the company a neutral rating in a research report on Thursday, June 18th. Credit Suisse Group boosted their target price on shares of Standard Life Aberdeen from GBX 210 ($2.58) to GBX 240 ($2.95) and gave the company an underperform rating in a research note on Thursday, June 25th. Goldman Sachs Group reissued a buy rating on shares of Standard Life Aberdeen in a research note on Monday, April 27th. Finally, Royal Bank of Canada boosted their target price on shares of Standard Life Aberdeen from GBX 200 ($2.46) to GBX 220 ($2.71) and gave the company an underperform rating in a research note on Tuesday, June 2nd. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of Hold and an average price target of GBX 237.50 ($2.92).

SLA opened at GBX 267.60 ($3.29) on Tuesday. The company has a 50-day moving average of GBX 249.57 and a 200-day moving average of GBX 267.15. The company has a market capitalization of $5.99 billion and a P/E ratio of 23.95. 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 debt-to-equity ratio of 18.92, a quick ratio of 1.18 and a current ratio of 2.66.

In related news, insider Keith Skeoch acquired 658 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were purchased at an average price of GBX 230 ($2.83) per share, for a total transaction of £1,513.40 ($1,862.42). In the last quarter, insiders acquired 761 shares of company stock worth $176,230.

Standard Life Aberdeen Company Profile

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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