November 28, 2016 - By Ruchi Gupta
Aberdeen Asset Management PLC (LON:ADN) had its stock rating reiterated as “Sell” by professional analysts at Shore Capital. This was revealed in a research report on Monday, 28 November.
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 4.97% above today’s (GBX 278.5) 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 Barclays Capital on Thursday, April 7 with “Underweight”. The firm has “Underperform” rating given on Thursday, July 7 by BNP Paribas. JP Morgan maintained Aberdeen Asset Management plc (LON:ADN) on Wednesday, June 29 with “Neutral” rating. The rating was maintained by Numis Securities on Thursday, July 28 with “Hold”. Macquarie Research maintained the shares of ADN in a report on Friday, October 7 with “Underperform” rating. The stock has “Underperform” rating given by RBC Capital Markets on Tuesday, September 8. Barclays Capital maintained the shares of ADN in a report on Tuesday, December 1 with “Equal Weight” rating. The company was maintained on Tuesday, August 18 by Goldman Sachs. Numis Securities maintained Aberdeen Asset Management plc (LON:ADN) rating on Wednesday, November 18. Numis Securities has “Hold” rating and GBX 320 price target. The firm has “Hold” rating given on Wednesday, November 23 by Numis Securities.
About 6.18M shares traded hands or 42.73% 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 3.67 billion GBP. It manages assets for both institutional and retail clients. It has a 16.9 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Ruchi Gupta