Investor Outlook: Standard Life Aberdeen (LON:SLA) “Buy” Rating Reaffirmed at Citigroup Today

June 15, 2018 - By Marry Poplack

Standard Life Aberdeen (LON:SLA) Rating Reaffirmed

Citigroup reiterated their “Buy” rating on Standard Life Aberdeen (LON:SLA) in analysts report revealed to clients on 15 June.

Standard Life Aberdeen plc (LON:SLA) Ratings Coverage

Among 10 analysts covering Standard Life Aberdeen (LON:SLA), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Standard Life Aberdeen has GBX 520 highest and GBX 400 lowest target. GBX 466’s average target is 33.37% above currents GBX 349.3999 stock price. Standard Life Aberdeen had 29 analyst reports since December 18, 2017 according to SRatingsIntel. Deutsche Bank maintained it with “Buy” rating and GBX 440 target in Friday, May 25 report. The firm earned “Hold” rating on Wednesday, February 28 by Deutsche Bank. The rating was upgraded by Deutsche Bank to “Buy” on Friday, March 2. The stock has “Hold” rating by Deutsche Bank on Monday, January 22. Goldman Sachs maintained the shares of SLA in report on Monday, April 23 with “Conviction Buy” rating. Deutsche Bank maintained the stock with “Hold” rating in Friday, February 16 report. Berenberg maintained it with “Hold” rating and GBX 460 target in Monday, January 15 report. The firm has “Overweight” rating by Barclays Capital given on Monday, December 18. On Monday, February 5 the stock rating was maintained by Goldman Sachs with “Buy”. The stock has “Buy” rating by Goldman Sachs on Friday, February 16.

The stock decreased 1.08% or GBX 3.8001 during the last trading session, reaching GBX 349.3999. About 2.12M shares traded. Standard Life Aberdeen plc (LON:SLA) has 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company has market cap of 10.27 billion GBP. The firm offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It has a 11.8 P/E ratio. It provides its products through institutional, wholesale, and retail distribution channels.

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