November 28, 2016 - By Vivian Park
In an analyst note shared with investors on 28 November, Aberdeen Asset Management PLC (LON:ADN) stock had its Hold Rating restate by expert analysts at Peel Hunt. They currently have a GBX 330.00 PT on company. Peel Hunt’s target means a potential upside of 13.99% from the company’s last stock close 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 1.93% above today’s (GBX 286.8) stock price. Aberdeen Asset Management PLC has been the topic of 128 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was maintained by BNP Paribas on Tuesday, December 1 with “Underperform”. The company was maintained on Tuesday, December 1 by Beaufort Securities. The rating was maintained by Numis Securities on Wednesday, November 18 with “Hold”. The firm earned “Underperform” rating on Thursday, November 19 by BNP Paribas. BNP Paribas maintained it with “Underperform” rating and GBX 200 target price in Thursday, March 10 report. The firm earned “Neutral” rating on Tuesday, November 10 by Credit Suisse. The stock of Aberdeen Asset Management plc (LON:ADN) earned “Underperform” rating by Jefferies on Thursday, October 20. The rating was maintained by Barclays Capital with “Underweight” on Wednesday, May 4. The company was maintained on Friday, July 24 by JP Morgan. On Monday, July 25 the stock rating was downgraded by Peel Hunt to “Hold”.
About 3.81 million shares traded hands. 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 3.78 billion GBP. It manages assets for both institutional and retail clients. It has a 17.4 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 Vivian Park