November 28, 2016 - By Louis Casey
In a research report revealed on Monday morning, Aberdeen Asset Management PLC (LON:ADN) stock had its Hold Rating kept by equity research analysts at Numis. They currently have a GBX 285.00 target price on firm. Numis’s target indicates a potential upside of 2.37% from the company’s last stock price.
Out of 21 analysts covering Aberdeen Asset Management PLC (LON:ADN), 2 rate it a “Buy”, 9 “Sell”, while 10 “Hold”. This means 10% are positive. GBX 520 is the highest target while GBX 200 is the lowest. The GBX 292.33 average target is 5.88% above today’s (GBX 276.1) stock price. Aberdeen Asset Management PLC has been the topic of 128 analyst reports since July 23, 2015 according to StockzIntelligence Inc. JP Morgan maintained the shares of ADN in a report on Tuesday, September 13 with “Neutral” rating. Macquarie Research maintained Aberdeen Asset Management plc (LON:ADN) rating on Friday, October 7. Macquarie Research has “Underperform” rating and GBX 250 price target. Credit Suisse maintained it with “Neutral” rating and GBX 370 target price in Monday, November 30 report. Numis Securities maintained Aberdeen Asset Management plc (LON:ADN) rating on Tuesday, August 4. Numis Securities has “Hold” rating and GBX 410 price target. The company was maintained on Friday, September 25 by BNP Paribas. The firm has “Hold” rating by Peel Hunt given on Monday, July 25. Goldman Sachs maintained Aberdeen Asset Management plc (LON:ADN) on Wednesday, April 13 with “Neutral” rating. The firm has “Hold” rating given on Tuesday, December 1 by Jefferies. The company was maintained on Wednesday, November 18 by Numis Securities. Numis Securities maintained the shares of ADN in a report on Monday, November 30 with “Hold” rating.
About 6.57M shares traded hands or 51.73% up from the average. Aberdeen Asset Management plc (LON:ADN) has declined 5.98% since April 28, 2016 and is downtrending. It has underperformed by 11.99% the S&P500.
Aberdeen Asset Management PLC is a United Kingdom global asset management firm engaged in the active management of financial assets. The company has a market cap of 3.64 billion GBP. It manages assets for both institutional and retail clients. It has a 16.75 P/E ratio. The Company’s institutional clients include pension funds, corporates, sovereign wealth funds, government agencies and insurance companies.
Another recent and important Aberdeen Asset Management plc (LON:ADN) news was published by Marketwatch.com which published an article titled: “Aberdeen Asset Management assets rise amid outflow” on November 28, 2016.
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By Louis Casey