Standard Life Aberdeen (LON:SLA) had its price target decreased by Royal Bank of Canada from GBX 210 ($2.74) to GBX 205 ($2.68) in a report published on Monday, Digital Look reports. Royal Bank of Canada currently has an underperform rating on the stock.
A number of other analysts have also commented on SLA. JPMorgan Chase & Co. raised their price target on Standard Life Aberdeen from GBX 350 ($4.57) to GBX 360 ($4.70) and gave the stock an overweight rating in a research note on Monday, July 8th. UBS Group reaffirmed a buy rating and issued a GBX 330 ($4.31) price target (down previously from GBX 355 ($4.64)) on shares of Standard Life Aberdeen in a research note on Tuesday, August 13th. Berenberg Bank raised their price target on Standard Life Aberdeen from GBX 290 ($3.79) to GBX 326 ($4.26) and gave the stock a hold rating in a research note on Friday, July 5th. Numis Securities reaffirmed a buy rating on shares of Standard Life Aberdeen in a research note on Tuesday, May 14th. Finally, Deutsche Bank dropped their price target on Standard Life Aberdeen from GBX 310 ($4.05) to GBX 265 ($3.46) and set a hold rating for the company in a research note on Tuesday, August 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of GBX 306.90 ($4.01).
Shares of SLA stock opened at GBX 239.80 ($3.13) on Monday. The stock has a fifty day moving average of GBX 284.69 and a 200 day moving average of GBX 270.26. Standard Life Aberdeen has a 52 week low of GBX 219.10 ($2.86) and a 52 week high of GBX 379.43 ($4.96). The firm has a market capitalization of $5.78 billion and a price-to-earnings ratio of 8.24. The company has a quick ratio of 1.01, a current ratio of 1.58 and a debt-to-equity ratio of 17.20.
The company also recently disclosed a dividend, which will be paid on Tuesday, September 24th. Shareholders of record on Thursday, August 15th will be given a dividend of GBX 7.30 ($0.10) per share. This represents a yield of 2.75%. The ex-dividend date of this dividend is Thursday, August 15th. Standard Life Aberdeen’s dividend payout ratio is currently 0.79%.
In other news, insider Douglas J. Flint acquired 7,600 shares of the stock in a transaction on Wednesday, August 7th. The stock was acquired at an average price of GBX 260 ($3.40) per share, with a total value of £19,760 ($25,819.94). Insiders have acquired 7,692 shares of company stock valued at $2,003,364 in the last three months.
Standard Life Aberdeen Company Profile
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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