Royal Bank Of Canada Reaffirms “Outperform” Rating for Standard Life Aberdeen PLC (SL)
Royal Bank Of Canada reiterated their outperform rating on shares of Standard Life Aberdeen PLC (LON:SL) in a report released on Monday, StockTargetPrices.com reports. The brokerage currently has a GBX 520 ($6.72) target price on the stock.
Other equities analysts have also recently issued reports about the company. Numis Securities Ltd reaffirmed an add rating and set a GBX 465 ($6.01) price objective on shares of Standard Life Aberdeen PLC in a report on Monday, July 17th. HSBC Holdings plc raised Standard Life Aberdeen PLC to a buy rating and lifted their price objective for the stock from GBX 400 ($5.17) to GBX 460 ($5.94) in a report on Friday, July 14th. Citigroup Inc. raised Standard Life Aberdeen PLC to a buy rating and set a GBX 490 ($6.33) price objective for the company in a report on Friday, August 25th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 420 ($5.42) price objective on shares of Standard Life Aberdeen PLC in a report on Wednesday, July 26th. Finally, Jefferies Group LLC lifted their price objective on Standard Life Aberdeen PLC from GBX 398 ($5.14) to GBX 411 ($5.31) and gave the stock a hold rating in a report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 442.25 ($5.71).
Standard Life Aberdeen PLC (SL) opened at 410.80 on Monday. Standard Life Aberdeen PLC has a 1-year low of GBX 322.76 and a 1-year high of GBX 447.60. The company has a 50-day moving average price of GBX 422.60 and a 200 day moving average price of GBX 385.80.
The firm also recently disclosed a dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Thursday, September 7th will be given a GBX 7 ($0.09) dividend. This represents a dividend yield of 1.61%. The ex-dividend date is Thursday, September 7th.
Standard Life Aberdeen PLC Company Profile
Standard Life Aberdeen plc, formerly Standard Life plc, is a United Kingdom-based global investment company. The Company operates through four segments, which include Standard Life Investments, Pensions and Savings, India and China, and Other. The Standard Life Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
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