Standard Life Aberdeen (SLA) Raised to “Buy” at Deutsche Bank
Standard Life Aberdeen (LON:SLA) was upgraded by stock analysts at Deutsche Bank to a “buy” rating in a note issued to investors on Friday. The brokerage presently has a GBX 440 ($6.08) price target on the stock, up from their previous price target of GBX 410 ($5.66). Deutsche Bank’s target price points to a potential upside of 20.15% from the stock’s previous close.
Other analysts also recently issued research reports about the company. Numis Securities upgraded Standard Life Aberdeen to an “add” rating and set a GBX 505 ($6.98) target price for the company in a research report on Wednesday, November 22nd. HSBC boosted their target price on Standard Life Aberdeen from GBX 470 ($6.49) to GBX 475 ($6.56) and gave the stock a “buy” rating in a research report on Thursday, November 23rd. restated a “buy” rating on shares of Standard Life Aberdeen in a research report on Thursday, November 9th. Goldman Sachs Group restated a “buy” rating on shares of Standard Life Aberdeen in a research report on Monday, February 5th. Finally, Citigroup reiterated a “buy” rating and issued a GBX 400 ($5.53) price objective on shares of Standard Life Aberdeen in a research report on Friday, February 16th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 469.91 ($6.49).
Shares of Standard Life Aberdeen (LON SLA) opened at GBX 366.20 ($5.06) on Friday. The firm has a market capitalization of $10,910.00 and a P/E ratio of 1,220.67. Standard Life Aberdeen has a 12-month low of GBX 339.67 ($4.69) and a 12-month high of GBX 448.60 ($6.20).
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About Standard Life Aberdeen
Standard Life Aberdeen plc, formerly Standard Life plc, is a United Kingdom-based global investment company. The Company operates through four segments, which include Aberdeen Standard Investments, Pensions and Savings, India and China, and Other. The Aberdeen Standard Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
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