Aberdeen Asset Management PLC (LON:ADN) has been reiterated to Buy in a statement by Beaufort Securities earlier today.
- Updated: November 28, 2016
Beaufort Securities has reiterated Aberdeen Asset Management PLC (LON:ADN) to Buy in a statement released on 11/29/2016.
Boasting a price of 263.80GBX, Aberdeen Asset Management PLC (LON:ADN) traded 2.73% higher on the day. With the last stock price close down -3.68% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Aberdeen Asset Management PLC has recorded a 50-day average of 311.80GBX and a two hundred day average of 305.11GBX. Volume of trade was down over the average, with 2,093,013 shares of ADN changing hands under the typical 3,871,510
With a total market value of 0 GBX, Aberdeen Asset Management PLC has price-earnings ratio of 18.03 with a one year low of 208.50GBX and a one year high of 354.40GBX .
A total of 17 equity analysts have released a research note on ADN. zero equity analysts rating the company a strong buy, one equity analyst rating the company a buy, ten equity analysts rating the company a hold, seven equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of 257.59GBX.
Brief Synopsis About Aberdeen Asset Management PLC (LON:ADN)
Aberdeen Asset Management PLC is a United Kingdom-based global asset management company engaged in the active management of financial assets. It manages assets for both institutional and retail clients. The Company's institutional clients include pension funds, corporates, sovereign wealth funds, government agencies and insurance companies. It also sells to retail clients through intermediaries, such as private banks, financial advisers, wealth managers and platforms. It invests across the asset classes, including equities, fixed income, property and Aberdeen solutions. The Company is focused on growing assets under management (AUM) by servicing its clients well, delivering investment expertise across all asset classes, recruiting and retaining employees, and creating long-term value for its shareholders. Its other assets include open-ended funds, other institutional, closed-end funds and central banks. The Company operates approximately 40 offices in approximately 25 countries.
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