November 28, 2016 - By Clifton Ray
Numis currently has a GBX 285.00 target price per share on the 3.84B GBP market cap company or -1.55% downside potential. In a note made public on Monday morning, Aberdeen Asset Management PLC (LON:ADN) stock had its Hold Rating reiterated by equity analysts at Numis.
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 0.25% above today’s (GBX 291.6) stock price. Aberdeen Asset Management PLC has been the topic of 128 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Peel Hunt given on Monday, December 7. The firm has “Neutral/Neutral” rating given on Tuesday, August 18 by Goldman Sachs. On Tuesday, February 23 the stock rating was initiated by UBS with “Sell”. The company was maintained on Friday, October 7 by Numis Securities. The company was maintained on Monday, November 21 by BNP Paribas. The firm has “Hold” rating by Numis Securities given on Friday, November 27. The stock of Aberdeen Asset Management plc (LON:ADN) has “Underperform” rating given on Friday, October 7 by Macquarie Research. The firm earned “Hold” rating on Monday, July 25 by Numis Securities. The stock of Aberdeen Asset Management plc (LON:ADN) earned “Buy” rating by Beaufort Securities on Thursday, January 28. As per Wednesday, November 25, the company rating was maintained by Numis Securities.
About 2.98 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 3.84 billion GBP. It manages assets for both institutional and retail clients. It has a 17.69 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 Clifton Ray