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Aberdeen Asset Management PLC (LON:ADN) stock price target reduced to 240.00GBX, issued a research note today by Exane BNP Paribas

In a report released on Tuesday November 29, 2016 Exane BNP Paribas reduced the stock price target of Aberdeen Asset Management PLC (LON:ADN) from 260.00GBX to 240.00GBX indicating a possible downside of -0.08%.

Yesterday Aberdeen Asset Management PLC (LON:ADN) traded 2.73% higher at 261.90GBX. The company’s 50-day moving average is 311.80GBX and its 200-day moving average is 305.11GBX. The last closing price is down -3.68% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 2,093,013 shares of the stock traded hands, down from an average trading volume of 3,871,510

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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 354.40GBX with a P/E ratio of 18.03 The company’s market cap is currently 0 GBX.

In addition to Exane BNP Paribas 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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