Standard Life Aberdeen plc (LON:SLA) Receives Average Rating of “Hold” from Analysts

Shares of Standard Life Aberdeen plc (LON:SLA) have been assigned a consensus recommendation of “Hold” from the nine analysts that are currently covering the company, MarketBeat reports. Four analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 271 ($3.54).

Several analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Standard Life Aberdeen to a “buy” rating and lifted their target price for the company from GBX 310 ($4.05) to GBX 335 ($4.38) in a report on Thursday, March 18th. Royal Bank of Canada reaffirmed an “underperform” rating and issued a GBX 265 ($3.46) target price on shares of Standard Life Aberdeen in a report on Thursday, April 8th.

Shares of LON:SLA traded up GBX 8.40 ($0.11) during midday trading on Friday, hitting GBX 271.40 ($3.55). The stock had a trading volume of 3,953,806 shares, compared to its average volume of 4,673,750. The company has a market capitalization of £5.92 billion and a PE ratio of 7.17. The stock has a 50 day moving average price of GBX 284.36 and a two-hundred day moving average price of GBX 288.08. The company has a current ratio of 4.17, a quick ratio of 2.23 and a debt-to-equity ratio of 15.98. Standard Life Aberdeen has a 1 year low of GBX 205.80 ($2.69) and a 1 year high of GBX 333.40 ($4.36).

The business also recently disclosed a dividend, which will be paid on Tuesday, May 25th. Investors of record on Thursday, April 15th will be issued a dividend of GBX 7.30 ($0.10) per share. This represents a yield of 2.29%. The ex-dividend date is Thursday, April 15th. Standard Life Aberdeen’s dividend payout ratio is currently 0.58%.

In other Standard Life Aberdeen news, insider Jonathan Asquith purchased 30,000 shares of Standard Life Aberdeen stock in a transaction on Tuesday, March 9th. The shares were bought at an average price of GBX 296 ($3.87) per share, with a total value of £88,800 ($116,017.77). Also, insider Stephen Bird purchased 100,000 shares of Standard Life Aberdeen stock in a transaction on Tuesday, March 16th. The stock was acquired at an average cost of GBX 286 ($3.74) per share, for a total transaction of £286,000 ($373,660.83).

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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Analyst Recommendations for Standard Life Aberdeen (LON:SLA)

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