Aberdeen Asset Management PLC (LON:ADN) Rating Reaffirmed
Expert analysts at Numis now has a GBX 320.00 TP on Aberdeen Asset Management PLC (LON:ADN). Numis and their recent TP would possibly suggest a potential downside of -5.13% from the company’s previous close. The rating has been revealed to clients and investors in a recent report on 27 November.
From a total of 15 analysts covering Aberdeen Asset Management PLC (LON:ADN) stock, 2 rate it a ”Buy”, 3 a “Sell”, and 10 a ”Hold”. This means that 13% of the ratings are positive. The highest target price is GBX 520 while the lowest target price is GBX 270. The mean of all analyst targets is GBX 370 with a 10.51% above today’s (GBX 334.8) stock price. Aberdeen Asset Management PLC was the topic of 34 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on November 27 with “Hold” rating. Barclays Capital maintained shares with “Equal Weight” rating and GBX 350 target share price in a report from a November 11. J.P. Morgan maintained ADN stock in a recent report from November 23 with “Neutral” rating. Credit Suisse maintained the rating on November 10. Credit Suisse has a “Neutral” rating and a GBX 370 price target on shares. Finally, BNP Paribas maintained the stock with “Underperform” rating in a report issued on a November 19.
The stock decreased 2.53% or GBX 8.7 on November 27, striking GBX 334.8. Approximately 2.72M shares of stock traded hands. Aberdeen Asset Management plc (LON:ADN) has declined 27.70% since May 1, 2015 and is downtrending. It has underperformed by 26.81% the S&P500.
Aberdeen Asset Management PLC is United Kingdom asset management company. The company has a market cap of 4.41 billion GBP. The Firm manages assets for both institutional and retail clients. It has 14.71 P/E ratio. The firm invests across the four main asset classes of equity, fixed income, property and alternative investment strategies.