Standard Life Aberdeen (LON:SLA) had its target price raised by Barclays from GBX 295 ($3.85) to GBX 300 ($3.92) in a report issued on Monday morning, Digital Look reports. Barclays currently has an equal weight rating on the stock.
Other analysts also recently issued research reports about the stock. Jefferies Financial Group reaffirmed a hold rating on shares of COMPASS GRP PLC/S in a report on Tuesday, April 9th. Numis Securities dropped their price objective on shares of Lekoil from GBX 40 ($0.52) to GBX 22 ($0.29) and set a buy rating on the stock in a report on Tuesday, May 14th. Citigroup dropped their price objective on shares of Extraction Oil & Gas from $8.00 to $7.00 and set a buy rating on the stock in a report on Tuesday, March 12th. Berenberg Bank raised shares of John Wood Group from a hold rating to a buy rating in a report on Friday, July 5th. Finally, Goldman Sachs Group set a €148.00 ($172.09) price objective on shares of Airbus and gave the stock a buy rating in a report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. Standard Life Aberdeen presently has a consensus rating of Hold and an average price target of GBX 315.10 ($4.12).
Shares of LON SLA traded down GBX 1 ($0.01) during trading on Monday, reaching GBX 298.60 ($3.90). 3,268,876 shares of the company traded hands, compared to its average volume of 9,330,000. The firm’s 50 day moving average price is GBX 281.31. The company has a debt-to-equity ratio of 17.20, a current ratio of 1.58 and a quick ratio of 1.01. The stock has a market capitalization of $7.22 billion and a PE ratio of 10.26. Standard Life Aberdeen has a 52-week low of GBX 219.10 ($2.86) and a 52-week high of GBX 385.60 ($5.04).
In other news, insider Keith Skeoch sold 44,225 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of GBX 264 ($3.45), for a total transaction of £116,754 ($152,559.78). Also, insider Rod Paris sold 7,411 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of GBX 259 ($3.38), for a total transaction of £19,194.49 ($25,081.00).
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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