Deutsche Bank restated their buy rating on shares of Standard Life Aberdeen (LON:SLA) in a report released on Friday morning. The firm currently has a GBX 440 ($5.90) price target on the stock.
SLA has been the subject of a number of other reports. Numis Securities restated an add rating and set a GBX 505 ($6.78) price objective on shares of Standard Life Aberdeen in a research note on Tuesday, February 13th. Goldman Sachs Group reaffirmed a buy rating on shares of Standard Life Aberdeen in a report on Monday, February 5th. JPMorgan Chase & Co. dropped their target price on shares of Standard Life Aberdeen from GBX 540 ($7.25) to GBX 500 ($6.71) and set an overweight rating on the stock in a report on Tuesday, February 20th. Barclays reaffirmed an overweight rating and issued a GBX 460 ($6.17) target price on shares of Standard Life Aberdeen in a report on Monday, February 26th. Finally, Morgan Stanley reaffirmed an overweight rating and issued a GBX 479 ($6.43) target price on shares of Standard Life Aberdeen in a report on Tuesday, February 27th. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. Standard Life Aberdeen currently has an average rating of Buy and an average price target of GBX 467.54 ($6.27).
Get Standard Life Aberdeen alerts:Standard Life Aberdeen stock opened at GBX 359.90 ($4.83) on Friday. Standard Life Aberdeen has a one year low of GBX 339.67 ($4.56) and a one year high of GBX 448.60 ($6.02).
In related news, insider Richard Stephen Mully purchased 20,000 shares of the stock in a transaction on Monday, March 5th. The shares were purchased at an average cost of GBX 364 ($4.88) per share, with a total value of 拢72,800 ($97,678.79). Also, insider Rod Paris sold 57,948 shares of the stock in a transaction dated Wednesday, April 11th. The shares were sold at an average price of GBX 367 ($4.92), for a total transaction of 拢212,669.16 ($285,347.05). Over the last ninety days, insiders bought 34,321 shares of company stock worth $12,393,354.
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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