Standard Life Aberdeen (SLA) Given Buy Rating at Citigroup
Standard Life Aberdeen (LON:SLA)‘s stock had its “buy” rating reissued by analysts at Citigroup in a note issued to investors on Wednesday.
A number of other research firms have also recently issued reports on SLA. UBS Group reiterated a “buy” rating and issued a GBX 405 ($5.22) target price on shares of Standard Life Aberdeen in a research note on Thursday, August 9th. Morgan Stanley cut their target price on Standard Life Aberdeen from GBX 479 ($6.18) to GBX 477 ($6.15) and set an “overweight” rating on the stock in a research note on Monday, July 9th. Numis Securities upgraded Standard Life Aberdeen to a “buy” rating and set a GBX 452 ($5.83) target price on the stock in a research note on Wednesday, June 13th. JPMorgan Chase & Co. cut their target price on Standard Life Aberdeen from GBX 500 ($6.45) to GBX 425 ($5.48) and set an “overweight” rating on the stock in a research note on Wednesday, August 29th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 488 ($6.30) target price (up from GBX 469 ($6.05)) on shares of Standard Life Aberdeen in a research note on Monday, July 23rd. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 442.71 ($5.71).
SLA stock opened at GBX 321.90 ($4.15) on Wednesday. Standard Life Aberdeen has a 1 year low of GBX 339.67 ($4.38) and a 1 year high of GBX 448.60 ($5.79).
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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