Standard Life Aberdeen (LON:SL) Earns “Outperform” Rating from Royal Bank of Canada

Standard Life Aberdeen (LON:SL)‘s stock had its “outperform” rating reaffirmed by Royal Bank of Canada in a research report issued on Thursday, December 21st, reports. They presently have a GBX 520 ($7.05) target price on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 17.89% from the stock’s previous close.

Other equities analysts have also issued research reports about the company. Numis Securities raised Standard Life Aberdeen to an “add” rating and set a GBX 505 ($6.85) price target for the company in a research report on Wednesday, November 22nd. Citigroup raised Standard Life Aberdeen to a “buy” rating and set a GBX 490 ($6.64) price target for the company in a research report on Friday, August 25th. HSBC lifted their price objective on Standard Life Aberdeen from GBX 470 ($6.37) to GBX 475 ($6.44) and gave the stock a “buy” rating in a report on Thursday, November 23rd. reiterated a “buy” rating on shares of Standard Life Aberdeen in a report on Thursday, November 9th. Finally, Goldman Sachs Group reiterated a “buy” rating and issued a GBX 500 ($6.78) price objective on shares of Standard Life Aberdeen in a report on Tuesday, September 12th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 453 ($6.14).

Standard Life Aberdeen (LON:SL) opened at GBX 441.10 ($5.98) on Thursday. The company has a market capitalization of $13,140.00 and a price-to-earnings ratio of 2,005.00. Standard Life Aberdeen has a 52-week low of GBX 336.50 ($4.56) and a 52-week high of GBX 448.60 ($6.08).

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About Standard Life Aberdeen

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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