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).

In other Standard Life Aberdeen news, insider John Devine purchased 15,422 shares of the stock in a transaction dated Wednesday, August 8th. The shares were bought at an average cost of GBX 324 ($4.18) per share, with a total value of £49,967.28 ($64,457.28). Also, insider Richard Stephen Mully purchased 10,000 shares of the stock in a transaction dated Friday, June 8th. The shares were acquired at an average cost of GBX 349 ($4.50) per share, for a total transaction of £34,900 ($45,020.64). Insiders acquired 25,512 shares of company stock worth $8,516,954 over the last quarter.

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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Analyst Recommendations for Standard Life Aberdeen (LON:SLA)

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