Aberdeen Asset Management plc (LON:ADN)‘s stock had its “hold” rating restated by research analysts at Numis Securities Ltd in a note issued to investors on Tuesday, StockTargetPrices.com reports. They presently have a GBX 285 ($3.54) price target on the stock. Numis Securities Ltd’s price target would suggest a potential downside of 0.50% from the stock’s current price.
A number of other equities research analysts have also recently commented on the stock. Shore Capital reiterated a “sell” rating on shares of Aberdeen Asset Management plc in a report on Monday. Peel Hunt reiterated a “hold” rating and set a GBX 330 ($4.09) price target on shares of Aberdeen Asset Management plc in a report on Monday. BNP Paribas reiterated an “underperform” rating and set a GBX 260 ($3.23) price target on shares of Aberdeen Asset Management plc in a report on Monday, November 21st. Jefferies Group cut shares of Aberdeen Asset Management plc to an “underweight” rating and increased their price target for the company from GBX 240 ($2.98) to GBX 254 ($3.15) in a report on Thursday, October 20th. Finally, Macquarie cut shares of Aberdeen Asset Management plc to an “underperform” rating and set a GBX 250 ($3.10) price target on the stock. in a report on Monday, October 17th. Eight research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. Aberdeen Asset Management plc presently has an average rating of “Hold” and a consensus target price of GBX 283.29 ($3.51).
Aberdeen Asset Management plc (LON:ADN) opened at 274.80 on Tuesday. The stock’s market capitalization is GBX 3.53 billion. The company has a 50-day moving average of GBX 309.25 and a 200-day moving average of GBX 305.75. Aberdeen Asset Management plc has a 1-year low of GBX 208.50 and a 1-year high of GBX 354.40.
The firm also recently declared a dividend, which will be paid on Thursday, February 9th. Shareholders of record on Thursday, December 8th will be given a GBX 12 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, December 8th. This is an increase from Aberdeen Asset Management plc’s previous dividend of $7.50. This represents a yield of 4.37%.
In other Aberdeen Asset Management plc news, insider Gilbert,Martin J sold 1,631,343 shares of the stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of GBX 325 ($4.03), for a total value of £5,301,864.75 ($6,577,179.94). Also, insider Julie Chakraverty purchased 3,042 shares of the firm’s stock in a transaction on Monday, September 26th. The stock was acquired at an average price of GBX 326 ($4.04) per share, for a total transaction of £9,916.92 ($12,302.34).
Aberdeen Asset Management plc Company Profile