Standard Life Aberdeen (LON:SLA) PT Raised to GBX 360
Standard Life Aberdeen (LON:SLA) had its target price raised by JPMorgan Chase & Co. from GBX 350 ($4.57) to GBX 360 ($4.70) in a research note published on Monday morning, Digital Look reports. The firm currently has an overweight rating on the stock.
Several other brokerages have also commented on SLA. Numis Securities decreased their price objective on Lekoil from GBX 40 ($0.52) to GBX 22 ($0.29) and set a buy rating for the company in a report on Tuesday, May 14th. Goldman Sachs Group set a €148.00 ($172.09) target price on Airbus and gave the stock a buy rating in a research note on Monday, April 1st. Berenberg Bank upgraded John Wood Group from a hold rating to a buy rating in a research note on Friday, July 5th. Barclays raised their target price on from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the stock an overweight rating in a research note on Monday. Finally, Deutsche Bank restated a buy rating and issued a GBX 430 ($5.62) target price on shares of in a research note on Monday, June 17th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of GBX 315.10 ($4.12).
Shares of SLA opened at GBX 301.70 ($3.94) on Monday. Standard Life Aberdeen has a 12 month low of GBX 219.10 ($2.86) and a 12 month high of GBX 385.60 ($5.04). The firm’s fifty day simple moving average is GBX 281.96. The company has a debt-to-equity ratio of 17.20, a quick ratio of 1.01 and a current ratio of 1.58. The stock has a market cap of $7.29 billion and a price-to-earnings ratio of 10.37.
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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