Standard Life Aberdeen (LON:SLA) had its target price trimmed by Deutsche Bank from GBX 310 ($4.05) to GBX 265 ($3.46) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports. The firm currently has a hold rating on the stock.
Other analysts have also issued reports about the stock. Barclays upped their target price on shares of Standard Life Aberdeen from GBX 295 ($3.85) to GBX 300 ($3.92) and gave the stock an equal weight rating in a research note on Monday, July 8th. Numis Securities reaffirmed a buy rating on shares of Standard Life Aberdeen in a report on Tuesday, May 14th. Goldman Sachs Group reaffirmed a buy rating on shares of Standard Life Aberdeen in a report on Tuesday. JPMorgan Chase & Co. upped their price target on Standard Life Aberdeen from GBX 350 ($4.57) to GBX 360 ($4.70) and gave the company an overweight rating in a report on Monday, July 8th. Finally, UBS Group reaffirmed a buy rating and issued a GBX 355 ($4.64) price target (up from GBX 350 ($4.57)) on shares of Standard Life Aberdeen in a report on Monday, August 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 307.90 ($4.02).
SLA stock opened at GBX 240.10 ($3.14) on Tuesday. The company’s 50 day moving average price is GBX 291.12 and its 200 day moving average price is GBX 270.98. The company has a debt-to-equity ratio of 17.20, a quick ratio of 1.01 and a current ratio of 1.58. Standard Life Aberdeen has a fifty-two week low of GBX 219.10 ($2.86) and a fifty-two week high of GBX 385.60 ($5.04). The firm has a market capitalization of $5.74 billion and a price-to-earnings ratio of 8.25.
The firm also recently declared a dividend, which will be paid on Tuesday, September 24th. Investors of record on Thursday, August 15th will be issued a GBX 7.30 ($0.10) dividend. This represents a yield of 2.75%. The ex-dividend date is Thursday, August 15th. Standard Life Aberdeen’s dividend payout ratio (DPR) is 0.79%.
In other news, insider Rod Paris sold 7,411 shares of the stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of GBX 259 ($3.38), for a total value of £19,194.49 ($25,081.00). Also, insider Douglas J. Flint acquired 7,600 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The stock was purchased at an average cost of GBX 260 ($3.40) per share, with a total value of £19,760 ($25,819.94). Insiders purchased 7,692 shares of company stock valued at $2,003,364 over the last ninety days.
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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