Numis issued a report on Aberdeen Asset Management PLC (LON:ADN), renewing its target at 300.00GBX today
- Updated: October 6, 2016
Yesterday Aberdeen Asset Management PLC (LON:ADN) traded -3.10% lower at 343.50GBX. The company’s 50-day moving average is 329.01GBX and its 200-day moving average is 298.18GBX. The last stock price is up 13.29% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 4,788,574 shares of ADN traded hands, up from an average trading volume of 4,118,380
Aberdeen Asset Management PLC (LON:ADN) had its stock price target hold steady to 300.00GBX by Numis in a report released 10/7/2016. The new target suggests a potential downside of -0.13% from the company's most recent close.
On Thursday October 06, 2016, RBC Capital Markets reported about Aberdeen Asset Management PLC (LON:ADN) bumped up the target price from 305.00GBX to 320.00GBX that suggested a downside of -0.08%.
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Aberdeen Asset Management PLC has a price-earnings ratio of 20.72 with a one year low of 208.50GBX and a 52 week high of 376.60GBX Aberdeen Asset Management PLC’s market capitalization is presently 0 GBX.
A total of 17 analysts have released a report on Aberdeen Asset Management PLC. zero 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 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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