Royal Bank of Canada reaffirmed their underperform rating on shares of Standard Life Aberdeen (LON:SLA) in a research note released on Thursday morning, ThisIsMoney.Co.Uk reports.
A number of other brokerages also recently weighed in on SLA. Credit Suisse Group reissued an underperform rating on shares of Standard Life Aberdeen in a research report on Thursday, July 9th. Jefferies Financial Group reissued a buy rating on shares of Standard Life Aberdeen in a research report on Tuesday, June 30th. Morgan Stanley boosted their price target on Standard Life Aberdeen from GBX 195 ($2.40) to GBX 230 ($2.83) and gave the stock an underweight rating in a research report on Wednesday, June 3rd. UBS Group upped their target price on Standard Life Aberdeen from GBX 255 ($3.14) to GBX 270 ($3.32) and gave the company a neutral rating in a research report on Wednesday, July 15th. Finally, Barclays downgraded Standard Life Aberdeen to an underweight rating and upped their target price for the company from GBX 195 ($2.40) to GBX 240 ($2.95) in a research report on Monday, July 20th. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. Standard Life Aberdeen currently has a consensus rating of Hold and an average price target of GBX 252 ($3.10).
Shares of LON SLA opened at GBX 250.40 ($3.08) on Thursday. The business’s 50 day moving average price is GBX 261.28 and its two-hundred day moving average price is GBX 257.57. The company has a market cap of $5.66 billion and a PE ratio of 22.56. The company has a quick ratio of 1.18, a current ratio of 2.66 and a debt-to-equity ratio of 18.92. Standard Life Aberdeen has a twelve month low of GBX 2.66 ($0.03) and a twelve month high of GBX 338.25 ($4.16).
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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