Aberdeen Asset Management plc (LON:ADN)‘s stock had its “buy” rating reiterated by analysts at Beaufort Securities in a research note issued to investors on Tuesday.
Other analysts have also recently issued reports about the company. Numis Securities Ltd restated a “hold” rating and set a GBX 300 ($3.72) price target on shares of Aberdeen Asset Management plc in a report on Wednesday, October 5th. Liberum Capital upped their target price on Aberdeen Asset Management plc from GBX 243 ($3.01) to GBX 323 ($4.01) and gave the company a “hold” rating in a report on Friday, October 7th. Peel Hunt reiterated a “hold” rating and issued a GBX 330 ($4.09) target price on shares of Aberdeen Asset Management plc in a report on Monday. JPMorgan Chase & Co. upped their target price on Aberdeen Asset Management plc from GBX 270 ($3.35) to GBX 320 ($3.97) and gave the company a “neutral” rating in a report on Tuesday, September 13th. Finally, Citigroup Inc. reiterated a “sell” rating on shares of Aberdeen Asset Management plc in a report on Friday, September 30th. Eight equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. Aberdeen Asset Management plc currently has an average rating of “Hold” and a consensus target price of GBX 281.86 ($3.50).
Aberdeen Asset Management plc (LON:ADN) opened at 265.20 on Tuesday. The company’s market capitalization is GBX 3.41 billion. Aberdeen Asset Management plc has a 52 week low of GBX 208.50 and a 52 week high of GBX 354.40. The stock’s 50 day moving average is GBX 309.25 and its 200 day moving average is GBX 305.75.
The business also recently declared a dividend, which will be paid on Thursday, February 9th. Investors of record on Thursday, December 8th will be issued a dividend of GBX 12 ($0.15) per share. The ex-dividend date is Thursday, December 8th. This represents a yield of 4.37%. This is an increase from Aberdeen Asset Management plc’s previous dividend of $7.50.
In related news, insider Gilbert,Martin J sold 1,631,343 shares of the company’s stock in a transaction on Thursday, September 15th. The stock was sold at an average price of GBX 325 ($4.03), for a total transaction 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 that occurred on Monday, September 26th. The shares were bought at an average price of GBX 326 ($4.04) per share, with a total value of £9,916.92 ($12,302.34).