Macquarie reissued their underperform rating on shares of Aberdeen Asset Management plc (LON:ADN) in a report released on Friday morning. They currently have a GBX 250 ($3.09) price objective on the stock.
Other equities research analysts also recently issued research reports about the company. Beaufort Securities reiterated a buy rating on shares of Aberdeen Asset Management plc in a research report on Tuesday, September 13th. Numis Securities Ltd increased their price objective on Aberdeen Asset Management plc from GBX 279 ($3.45) to GBX 300 ($3.71) and gave the company a hold rating in a research report on Monday, July 25th. Jefferies Group cut their price objective on Aberdeen Asset Management plc from GBX 253 ($3.13) to GBX 240 ($2.97) and set a hold rating for the company in a research report on Wednesday, July 6th. Peel Hunt downgraded Aberdeen Asset Management plc to a hold rating and set a GBX 330 ($4.08) price objective for the company. in a research report on Monday, July 25th. Finally, Liberum Capital increased their price objective on Aberdeen Asset Management plc from GBX 243 ($3.01) to GBX 323 ($4.00) and gave the company a hold rating in a research report on Friday, October 7th. Seven analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of Hold and an average target price of GBX 283.36 ($3.51).
Shares of Aberdeen Asset Management plc (LON:ADN) opened at 331.10 on Friday. The stock has a 50 day moving average price of GBX 330.71 and a 200-day moving average price of GBX 300.29. Aberdeen Asset Management plc has a 12 month low of GBX 208.50 and a 12 month high of GBX 376.60. The stock’s market cap is GBX 4.25 billion.
In other Aberdeen Asset Management plc news, insider Julie Chakraverty bought 3,042 shares of the stock in a transaction on Monday, September 26th. The shares were purchased at an average cost of GBX 326 ($4.03) per share, with a total value of £9,916.92 ($12,273.42). Also, insider Gilbert,Martin J sold 1,631,343 shares of the stock in a transaction on Thursday, September 15th. The stock was sold at an average price of GBX 325 ($4.02), for a total transaction of £5,301,864.75 ($6,561,713.80).