Standard Life Aberdeen (LON:SLA)‘s stock had its “underperform” rating reaffirmed by equities researchers at Royal Bank of Canada in a research report issued on Wednesday, June 26th, Digital Look reports. They presently have a GBX 215 ($2.81) price target on the stock. Royal Bank of Canada’s price target would suggest a potential downside of 28.45% from the stock’s previous close.
Several other equities analysts have also issued reports on SLA. Jefferies Financial Group reaffirmed a “hold” rating on shares of COMPASS GRP PLC/S in a research report on Tuesday, April 9th. Numis Securities lowered their price objective on shares of Lekoil from GBX 40 ($0.52) to GBX 22 ($0.29) and set a “buy” rating for the company in a research report on Tuesday, May 14th. Goldman Sachs Group set a €148.00 ($172.09) target price on shares of Airbus and gave the stock a “buy” rating in a report on Monday, April 1st. Berenberg Bank reduced their target price on shares of BT Group from GBX 260 ($3.40) to GBX 240 ($3.14) and set a “hold” rating on the stock in a report on Tuesday, May 21st. Finally, UBS Group reissued a “hold” rating and set a $130.00 target price on shares of Continental in a report on Wednesday, May 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 315.10 ($4.12).
LON SLA traded down GBX 2.10 ($0.03) on Wednesday, hitting GBX 300.50 ($3.93). 3,357,309 shares of the stock were exchanged, compared to its average volume of 9,330,000. The business’s 50-day moving average price is GBX 287.39. The company has a market cap of $7.26 billion and a P/E ratio of 10.33. 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). The company has a debt-to-equity ratio of 17.20, a current ratio of 1.58 and a quick ratio of 1.01.
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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