Standard Life Aberdeen PLC (LON:SL) had its target price raised by investment analysts at Numis Securities Ltd from GBX 445 ($5.87) to GBX 481 ($6.35) in a report released on Friday. The brokerage presently has a “hold” rating on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 17.09% from the company’s previous close.
SL has been the topic of several other reports. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a GBX 500 ($6.60) price objective on shares of Standard Life Aberdeen PLC in a report on Tuesday, September 12th. HSBC Holdings plc upgraded shares of Standard Life Aberdeen PLC to a “buy” rating and increased their price objective for the stock from GBX 400 ($5.28) to GBX 460 ($6.07) in a report on Friday, July 14th. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 540 ($7.13) price objective on shares of Standard Life Aberdeen PLC in a report on Thursday, September 21st. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 520 ($6.86) price objective on shares of Standard Life Aberdeen PLC in a report on Tuesday, October 3rd. Finally, Citigroup Inc. upgraded shares of Standard Life Aberdeen PLC to a “buy” rating and set a GBX 490 ($6.47) price objective on the stock in a report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company. Standard Life Aberdeen PLC presently has an average rating of “Hold” and a consensus target price of GBX 449.71 ($5.93).
Shares of Standard Life Aberdeen PLC (SL) opened at 410.80 on Friday. Standard Life Aberdeen PLC has a 1-year low of GBX 322.76 and a 1-year high of GBX 447.60. The stock has a 50 day moving average of GBX 422.60 and a 200-day moving average of GBX 385.80.
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About Standard Life Aberdeen PLC
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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