Berenberg Bank Kept Standard Life Aberdeen (LON:SLA) As a Hold; They Now Have a Target Price per Share Of GBX 340.00

October 2, 2018 - By Linda Rogers

Standard Life Aberdeen (LON:SLA) Rating Reaffirmed

Research professionals at Berenberg Bank now has a GBX 340.00 TP on Standard Life Aberdeen (LON:SLA). Berenberg Bank and their recent TP means a potential upside of 13.79 % from the company’s last close price. The rating has been disclosed in a report on Monday, 1 October.

Standard Life Aberdeen plc (LON:SLA) Ratings Coverage

Among 11 analysts covering Standard Life Aberdeen (LON:SLA), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. Standard Life Aberdeen has GBX 488 highest and GBX 360 lowest target. GBX 426.09’s average target is 42.27% above currents GBX 299.5 stock price. Standard Life Aberdeen had 19 analyst reports since April 5, 2018 according to SRatingsIntel. The stock of Standard Life Aberdeen plc (LON:SLA) has “Overweight” rating given on Wednesday, August 29 by JP Morgan. The firm has “Buy” rating by Citigroup given on Wednesday, September 5. The rating was maintained by Goldman Sachs with “Conviction Buy” on Monday, April 23. Numis Securities maintained it with “Buy” rating and GBX 433 target in Monday, August 6 report. On Monday, July 23 the stock rating was maintained by Jefferies with “Buy”. The company was maintained on Friday, May 25 by Deutsche Bank. UBS maintained it with “Buy” rating and GBX 405 target in Thursday, August 9 report. The firm has “Overweight” rating given on Monday, July 9 by Morgan Stanley. The stock of Standard Life Aberdeen plc (LON:SLA) has “Overweight” rating given on Thursday, June 14 by Barclays Capital. The stock has “Buy” rating by Numis Securities on Wednesday, August 8.

The stock decreased 1.64% or GBX 5 during the last trading session, reaching GBX 299.5. About 6.35 million shares traded. Standard Life Aberdeen plc (LON:SLA) has 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company has market cap of 8.71 billion GBP. The firm offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It has a 10.12 P/E ratio. It provides its products through institutional, wholesale, and retail distribution channels.

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