JP Morgan Cazenove announced Aberdeen Asset Management PLC (LON:ADN), upholding its stock price target at 320.00GBX today
- Updated: November 29, 2016
Just yesterday Aberdeen Asset Management PLC (LON:ADN) traded -2.52% lower at 288.00GBX. Aberdeen Asset Management PLC’s 50-day moving average is 309.25GBX and its 200-day moving average is 305.75GBX. The last stock price is down -12.38% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 4,580,970 shares of ADN traded hands, up from an average trading volume of 4,079,240
In a report released on 11/29/2016 JP Morgan Cazenove hold steady the stock price target of Aberdeen Asset Management PLC (LON:ADN) from 320.00GBX to 320.00GBX reporting a possible upside of 0.11%.
Recent Performance Chart
Aberdeen Asset Management PLC has 52 week low of 208.50GBX and a 52 week high of 354.40GBX with a PE ratio of 16.43 and has a market capitalization of 0 GBX.
In addition to JP Morgan Cazenove reporting its stock price target, a total of 17 brokerages have issued a research note on the company. The average stock price target is 257.59GBX with 0 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 10 brokerages rating the stock a hold, 7 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.
Brief Synopsis On 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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