Shares of Aberdeen Asset Management plc (LON:ADN) have been assigned a consensus rating of “Hold” from the eighteen ratings firms that are currently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 292.81 ($3.78).
A number of equities research analysts recently weighed in on the stock. Macquarie reissued a “neutral” rating and set a GBX 271 ($3.50) price target on shares of Aberdeen Asset Management plc in a research note on Friday, August 11th. BNP Paribas reissued a “neutral” rating and set a GBX 300 ($3.87) price target on shares of Aberdeen Asset Management plc in a research note on Tuesday, July 18th. Jefferies Group LLC boosted their price target on shares of Aberdeen Asset Management plc from GBX 287 ($3.71) to GBX 302 ($3.90) and gave the stock a “hold” rating in a research note on Tuesday, July 11th. Barclays PLC boosted their price target on shares of Aberdeen Asset Management plc from GBX 260 ($3.36) to GBX 285 ($3.68) and gave the stock an “underweight” rating in a research note on Thursday, July 20th. Finally, Morgan Stanley raised shares of Aberdeen Asset Management plc to an “equal weight” rating and boosted their price target for the stock from GBX 260 ($3.36) to GBX 332 ($4.29) in a research note on Wednesday, June 7th.
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Shares of Aberdeen Asset Management plc (LON ADN) traded down 1.37% during mid-day trading on Friday, reaching GBX 317.60. 29,986,706 shares of the company were exchanged. The firm has a 50-day moving average price of GBX 316.68 and a 200 day moving average price of GBX 288.48. Aberdeen Asset Management plc has a 12 month low of GBX 244.40 and a 12 month high of GBX 354.40.
Aberdeen Asset Management plc Company Profile
Aberdeen Asset Management PLC is a United Kingdom-based asset manager. The Company operates through asset management for reporting and control purposes. The Company is managed as a single asset management business, with multiple investment strategies of equities, fixed income and property, complemented by a solutions business, which provides multi asset, alternatives and quantitative investment capabilities.
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