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Aberdeen Asset Management PLC (LON:ADN) stock price target increased to 323.00GBX, issued a research note today by Liberum Capital

In a report released on Friday October 07, 2016 Liberum Capital increased the stock price target of Aberdeen Asset Management PLC (LON:ADN) from 243.00GBX to 323.00GBX indicating a possible downside of -0.06%.

Previously on 10/06/2016, RBC Capital Markets reported on Aberdeen Asset Management PLC (LON:ADN) increased the target price from 305.00GBX to 320.00GBX. At the time, this indicated a possible downside of -0.08%.

Yesterday Aberdeen Asset Management PLC (LON:ADN) traded -3.10% lower at 342.20GBX. The company’s 50-day moving average is 329.01GBX and its 200-day moving average is 298.18GBX. The last closing price is up 13.29% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 4,788,574 shares of the stock traded hands, up from an average trading volume of 4,118,380

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Aberdeen Asset Management PLC (LON:ADN)

Aberdeen Asset Management PLC has a 52 week low of 208.50GBX and a 52 week high of 376.60GBX with a P/E ratio of 20.72 The company’s market cap is currently 0 GBX.

In addition to Liberum Capital reporting its stock price target, a total of 17 brokers have issued a research note on the company. The average stock price target is 257.59GBX with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 10 brokers rating the stock a hold, 7 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information 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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