Standard Life Aberdeen (LON:SLA)‘s stock had its “hold” rating reissued by research analysts at Berenberg Bank in a research note issued to investors on Tuesday, Digital Look reports. They presently have a GBX 290 ($3.79) price target on the stock. Berenberg Bank’s price target suggests a potential upside of 8.98% from the stock’s previous close.

SLA has been the subject of several other reports. Goldman Sachs Group reissued a “buy” rating on shares of Standard Life Aberdeen in a report on Wednesday, February 27th. Numis Securities reissued a “buy” rating and issued a GBX 361 ($4.72) target price on shares of Standard Life Aberdeen in a report on Wednesday, March 13th. Citigroup reissued a “buy” rating on shares of Standard Life Aberdeen in a report on Tuesday, March 12th. Deutsche Bank reissued a “hold” rating on shares of Standard Life Aberdeen in a report on Monday, May 13th. Finally, Jefferies Financial Group reduced their target price on shares of Standard Life Aberdeen from GBX 488 ($6.38) to GBX 361 ($4.72) and set a “buy” rating for the company in a report on Tuesday, April 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 328.33 ($4.29).

Standard Life Aberdeen stock traded up GBX 1.10 ($0.01) during midday trading on Tuesday, hitting GBX 266.10 ($3.48). The stock had a trading volume of 11,691,167 shares, compared to its average volume of 9,330,000. The firm has a market capitalization of $6.37 billion and a price-to-earnings ratio of 9.14. Standard Life Aberdeen has a 52-week low of GBX 219.10 ($2.86) and a 52-week high of GBX 427.89 ($5.59). The company has a current ratio of 1.58, a quick ratio of 1.01 and a debt-to-equity ratio of 17.20.

In related news, insider Rod Paris sold 7,411 shares of the firm’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of GBX 259 ($3.38), for a total value of £19,194.49 ($25,081.00). Also, insider Douglas J. Flint bought 7,750 shares of the business’s stock in a transaction that occurred on Friday, March 29th. The stock was acquired at an average cost of GBX 263 ($3.44) per share, with a total value of £20,382.50 ($26,633.35). Over the last ninety days, insiders have acquired 24,933 shares of company stock valued at $6,489,776.

About Standard Life Aberdeen

Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.

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Analyst Recommendations for Standard Life Aberdeen (LON:SLA)

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