Standard Life Aberdeen (LON:SLA) Given “Buy” Rating at Goldman Sachs Group
Standard Life Aberdeen (LON:SLA)‘s stock had its “buy” rating restated by equities researchers at Goldman Sachs Group in a report issued on Friday, February 16th. They presently have a GBX 500 ($6.91) target price on the stock. Goldman Sachs Group’s target price would indicate a potential upside of 36.65% from the company’s previous close.
A number of other brokerages also recently commented on SLA. Numis Securities lifted their price objective on Standard Life Aberdeen from GBX 445 ($6.15) to GBX 481 ($6.65) and gave the company a “hold” rating in a research report on Friday, October 27th. Barclays lifted their price objective on Standard Life Aberdeen from GBX 510 ($7.05) to GBX 520 ($7.18) and gave the company an “overweight” rating in a research report on Wednesday, November 1st. reissued a “buy” rating on shares of Standard Life Aberdeen in a research report on Thursday, November 9th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Standard Life Aberdeen in a research report on Thursday, November 16th. Finally, HSBC upped their target price on Standard Life Aberdeen from GBX 470 ($6.49) to GBX 475 ($6.56) and gave the stock a “buy” rating in a research report on Thursday, November 23rd. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of GBX 469.91 ($6.49).
Standard Life Aberdeen (LON SLA) traded down GBX 2.50 ($0.03) during midday trading on Friday, hitting GBX 365.90 ($5.06). The stock had a trading volume of 5,010,000 shares, compared to its average volume of 9,300,000. Standard Life Aberdeen has a 12 month low of GBX 339.67 ($4.69) and a 12 month high of GBX 448.60 ($6.20). The firm has a market capitalization of $10,900.00 and a PE ratio of 1,219.67.
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Standard Life Aberdeen Company Profile
Standard Life Aberdeen plc, formerly Standard Life plc, is a United Kingdom-based global investment company. The Company operates through four segments, which include Aberdeen Standard Investments, Pensions and Savings, India and China, and Other. The Aberdeen Standard Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
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