Numis Securities reiterated their top pick rating on shares of Standard Life Aberdeen (LON:SLA) in a report published on Thursday morning.
A number of other equities analysts also recently weighed in on the stock. Deutsche Bank reaffirmed a buy rating on shares of Standard Life Aberdeen in a research note on Friday, March 23rd. Jefferies Group dropped their target price on shares of Standard Life Aberdeen from GBX 503 ($7.06) to GBX 469 ($6.58) and set a buy rating for the company in a research note on Thursday, March 15th. Morgan Stanley reaffirmed an overweight rating and issued a GBX 479 ($6.72) target price on shares of Standard Life Aberdeen in a research note on Tuesday, February 27th. Barclays reaffirmed an overweight rating and issued a GBX 460 ($6.46) target price on shares of Standard Life Aberdeen in a research note on Monday, February 26th. Finally, Royal Bank of Canada reaffirmed an outperform rating and issued a GBX 520 ($7.30) target price on shares of Standard Life Aberdeen in a research note on Friday, February 23rd. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of GBX 469.83 ($6.60).
Shares of LON SLA opened at GBX 367.41 ($5.16) on Thursday. Standard Life Aberdeen has a 1-year low of GBX 339.67 ($4.77) and a 1-year high of GBX 448.60 ($6.30).
The firm also recently declared a dividend, which will be paid on Wednesday, May 30th. Investors of record on Thursday, April 19th will be paid a dividend of GBX 14.30 ($0.20) per share. This represents a dividend yield of 3.8%. This is an increase from Standard Life Aberdeen’s previous dividend of $7.00. The ex-dividend date is Thursday, April 19th.
In other Standard Life Aberdeen news, insider Richard Stephen Mully purchased 20,000 shares of the company’s stock in a transaction that occurred on Monday, March 5th. The stock was acquired at an average cost of GBX 364 ($5.11) per share, with a total value of £72,800 ($102,189.78). Also, insider Martin J. Gilbert purchased 50,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were acquired at an average cost of GBX 372 ($5.22) per share, with a total value of £186,000 ($261,089.28). Over the last three months, insiders have purchased 84,322 shares of company stock valued at $30,996,170.
COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/04/09/standard-life-aberdeen-sla-stock-rating-reaffirmed-by-numis-securities-2.html.
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.
Receive News & Ratings for Standard Life Aberdeen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Life Aberdeen and related companies with MarketBeat.com's FREE daily email newsletter.