Standard Life Aberdeen PLC (SL) Given Outperform Rating at Royal Bank Of Canada
Royal Bank Of Canada reaffirmed their outperform rating on shares of Standard Life Aberdeen PLC (LON:SL) in a report issued on Tuesday morning. Royal Bank Of Canada currently has a GBX 520 ($6.90) target price on the stock.
Several other brokerages have also recently weighed in on SL. Shore Capital restated a hold rating on shares of Standard Life Aberdeen PLC in a report on Tuesday, August 8th. Numis Securities Ltd reaffirmed an add rating and issued a GBX 465 ($6.17) price target on shares of Standard Life Aberdeen PLC in a research note on Tuesday, August 8th. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 420 ($5.57) price target on shares of Standard Life Aberdeen PLC in a research note on Wednesday, July 26th. HSBC Holdings plc upgraded Standard Life Aberdeen PLC to a buy rating and boosted their price objective for the company from GBX 400 ($5.31) to GBX 460 ($6.10) in a research report on Friday, July 14th. Finally, Barclays PLC upgraded Standard Life Aberdeen PLC to an overweight rating and boosted their price objective for the company from GBX 343 ($4.55) to GBX 510 ($6.76) in a research report on Tuesday, August 15th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. Standard Life Aberdeen PLC currently has a consensus rating of Hold and a consensus price target of GBX 448 ($5.94).
Standard Life Aberdeen PLC (LON SL) opened at 410.80 on Tuesday. Standard Life Aberdeen PLC has a 12-month low of GBX 322.76 and a 12-month high of GBX 447.60. The firm’s 50-day moving average is GBX 422.60 and its 200 day moving average is GBX 385.80.
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The company also recently declared a dividend, which will be paid on Wednesday, October 18th. Investors of record on Thursday, September 7th will be given a dividend of GBX 7 ($0.09) per share. The ex-dividend date is Thursday, September 7th. This represents a dividend yield of 1.61%.
About Standard Life Aberdeen PLC
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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