Trade Report: Today, Aberdeen Asset Management plc (ADN) Rating Reiterated by Citigroup Inc.

Today, Aberdeen Asset Management plc (ADN) Rating Reiterated by Citigroup Inc.

Citigroup Inc. reissued their sell rating on shares of Aberdeen Asset Management plc (LON:ADN) in a research report report published on Friday.

Several other equities research analysts also recently issued reports on the stock. Goldman Sachs Group Inc. restated a sell rating and issued a GBX 300 ($3.92) price objective (down previously from GBX 340 ($4.44)) on shares of Aberdeen Asset Management plc in a research note on Tuesday, September 27th. Barclays PLC reaffirmed an underweight rating and issued a GBX 270 ($3.52) target price on shares of Aberdeen Asset Management plc in a research report on Thursday, September 15th. Beaufort Securities reaffirmed a buy rating on shares of Aberdeen Asset Management plc in a research report on Tuesday, September 13th. JPMorgan Chase & Co. raised their target price on Aberdeen Asset Management plc from GBX 270 ($3.52) to GBX 320 ($4.18) and gave the stock a neutral rating in a research report on Tuesday, September 13th. Finally, Numis Securities Ltd reaffirmed a hold rating and issued a GBX 300 ($3.92) target price on shares of Aberdeen Asset Management plc in a research report on Friday, September 2nd. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 276.23 ($3.61).

Aberdeen Asset Management plc (LON:ADN) opened at 348.60 on Friday. The company’s market cap is GBX 4.48 billion. The company has a 50-day moving average of GBX 328.86 and a 200-day moving average of GBX 298.14. Aberdeen Asset Management plc has a 12 month low of GBX 208.50 and a 12 month high of GBX 376.60.

In related news, insider Gilbert,Martin J sold 1,631,343 shares of Aberdeen Asset Management plc stock in a transaction dated Thursday, September 15th. The stock was sold at an average price of GBX 325 ($4.24), for a total value of £5,301,864.75 ($6,920,590.98). Also, insider Julie Chakraverty purchased 3,042 shares of the business’s stock in a transaction that occurred on Monday, September 26th. The stock was acquired at an average cost of GBX 326 ($4.26) per share, with a total value of £9,916.92 ($12,944.68).

Related posts

Leave a Comment