Trading Report: Today, Aberdeen Asset Management plc’s (ADN) Neutral Rating Reiterate at JPMorgan Chase & Co.

Today, Aberdeen Asset Management plc’s (ADN) Neutral Rating Reiterate at JPMorgan Chase & Co.

Aberdeen Asset Management plc (LON:ADN)‘s stock had its “neutral” rating reissued by research analysts at JPMorgan Chase & Co. in a report released on Tuesday. They currently have a GBX 320 ($3.97) target price on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 11.72% from the company’s previous close.

A number of other research analysts have also recently weighed in on the stock. Numis Securities Ltd restated a “hold” rating and issued a GBX 285 ($3.54) price objective on shares of Aberdeen Asset Management plc in a report on Tuesday. Shore Capital restated a “sell” rating on shares of Aberdeen Asset Management plc in a report on Monday. Peel Hunt restated a “hold” rating and issued a GBX 330 ($4.09) price objective on shares of Aberdeen Asset Management plc in a report on Monday. BNP Paribas restated an “underperform” rating and issued a GBX 260 ($3.23) price objective on shares of Aberdeen Asset Management plc in a report on Monday, November 21st. Finally, Jefferies Group cut shares of Aberdeen Asset Management plc to an “underweight” rating and lifted their price objective for the company from GBX 240 ($2.98) to GBX 254 ($3.15) in a report on Thursday, October 20th. Eight research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. Aberdeen Asset Management plc has an average rating of “Hold” and an average target price of GBX 283.29 ($3.51).

Aberdeen Asset Management plc (LON:ADN) opened at 268.65 on Tuesday. Aberdeen Asset Management plc has a 52 week low of GBX 208.50 and a 52 week high of GBX 354.40. The firm’s market cap is GBX 3.45 billion. The firm’s 50-day moving average is GBX 309.25 and its 200-day moving average is GBX 305.75.

The firm also recently declared a dividend, which will be paid on Thursday, February 9th. Investors of record on Thursday, December 8th will be given a GBX 12 ($0.15) dividend. This is an increase from Aberdeen Asset Management plc’s previous dividend of $7.50. The ex-dividend date is Thursday, December 8th. This represents a yield of 4.37%.

In other Aberdeen Asset Management plc news, insider Julie Chakraverty purchased 3,042 shares of Aberdeen Asset Management plc stock in a transaction that occurred on Monday, September 26th. The stock was purchased at an average price of GBX 326 ($4.04) per share, for a total transaction of £9,916.92 ($12,302.34). Also, insider Gilbert,Martin J sold 1,631,343 shares of the company’s stock in a transaction on Thursday, September 15th. The shares were sold at an average price of GBX 325 ($4.03), for a total transaction of £5,301,864.75 ($6,577,179.94).

Related posts

Leave a Comment