Shore Capital retained Aberdeen Asset Management PLC (LON:ADN) to Sell in a report released today.
- Updated: November 27, 2016
Shore Capital has retained Aberdeen Asset Management PLC (LON:ADN) to Sell in a report released on 11/28/2016.
Previously on Wednesday November 23, 2016, Numis reported about Aberdeen Asset Management PLC (LON:ADN) lowered the target price from 300.00GBX to 285.00GBX. At the time, this indicated a possible downside of -0.01%.
Yesterday Aberdeen Asset Management PLC (LON:ADN) traded 2.73% higher at 281.05GBX. The company’s 50-day moving average is 311.80GBX and its 200-day moving average is 305.11GBX. The last stock close 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. 2,093,013 shares of the stock were exchanged, down from an average trading volume of 3,871,510
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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 Shore Capital reporting its target price, a total of 17 firms have reported on the stock. The consensus target price is 257.59GBX with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 10 firms rating the stock a hold, 7 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
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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