Deutsche Bank Reaffirms Hold Rating for Standard Life Aberdeen (SLA)
Deutsche Bank reaffirmed their hold rating on shares of Standard Life Aberdeen (LON:SLA) in a research report released on Tuesday morning. Deutsche Bank currently has a GBX 470 ($6.59) price target on the stock.
Other analysts also recently issued research reports about the company. Royal Bank of Canada reiterated an outperform rating and issued a GBX 520 ($7.29) price objective on shares of Standard Life Aberdeen in a research report on Thursday, October 12th. HSBC raised their price objective on Standard Life Aberdeen from GBX 470 ($6.59) to GBX 475 ($6.66) and gave the stock a buy rating in a research report on Thursday, November 23rd. Sanford C. Bernstein downgraded Standard Life Aberdeen to a market perform rating and set a GBX 430 ($6.03) price objective for the company. in a research report on Tuesday, October 17th. Numis Securities raised their price objective on Standard Life Aberdeen from GBX 445 ($6.24) to GBX 481 ($6.74) and gave the stock a hold rating in a research report on Friday, October 27th. Finally, Barclays restated an overweight rating and set a GBX 520 ($7.29) target price on shares of Standard Life Aberdeen in a research report on Monday, December 18th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of GBX 491 ($6.88).
Shares of Standard Life Aberdeen (LON SLA) opened at GBX 394.60 ($5.53) on Tuesday. Standard Life Aberdeen has a 52-week low of GBX 339.67 ($4.76) and a 52-week high of GBX 448.60 ($6.29). The company has a market capitalization of $11,800.00 and a P/E ratio of 1,793.61.
Standard Life Aberdeen plc, formerly Standard Life plc, is a United Kingdom-based global investment company. The Company operates through four segments, which include Aberdeen Standard Investments, Pensions and Savings, India and China, and Other. The Aberdeen Standard Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
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