Standard Life Aberdeen (LON:SLA) Earns Underperform Rating from Royal Bank of Canada

Royal Bank of Canada reissued their underperform rating on shares of Standard Life Aberdeen (LON:SLA) in a research report released on Wednesday, ThisIsMoney.Co.Uk reports.

Other equities research analysts also recently issued research reports about the company. UBS Group reissued a buy rating and set a GBX 340 ($4.47) price objective (up previously from GBX 330 ($4.34)) on shares of Standard Life Aberdeen in a report on Tuesday, November 26th. Berenberg Bank raised their price objective on Standard Life Aberdeen from GBX 326 ($4.29) to GBX 343 ($4.51) and gave the company a hold rating in a report on Tuesday, November 12th. Jefferies Financial Group raised their price objective on Standard Life Aberdeen from GBX 390 ($5.13) to GBX 400 ($5.26) and gave the company a buy rating in a report on Tuesday, November 5th. Deutsche Bank reissued a hold rating on shares of Standard Life Aberdeen in a report on Tuesday, September 3rd. Finally, Credit Suisse Group raised their price objective on Standard Life Aberdeen from GBX 270 ($3.55) to GBX 320 ($4.21) and gave the company a neutral rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 316.36 ($4.16).

LON SLA opened at GBX 315 ($4.14) on Wednesday. The company has a quick ratio of 2.53, a current ratio of 3.75 and a debt-to-equity ratio of 12.26. Standard Life Aberdeen has a twelve month low of GBX 219.10 ($2.88) and a twelve month high of GBX 325.80 ($4.29). The company has a market cap of $7.40 billion and a price-to-earnings ratio of 6.79. The business’s fifty day moving average is GBX 309.47 and its 200 day moving average is GBX 284.85.

In other Standard Life Aberdeen news, insider Martin J. Gilbert sold 106,251 shares of Standard Life Aberdeen stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of GBX 310 ($4.08), for a total transaction of £329,378.10 ($433,278.22).

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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