Standard Life Aberdeen PLC (SL) Receives “Buy” Rating from Citigroup Inc.

Standard Life Aberdeen PLC (LON:SL)‘s stock had its “buy” rating reissued by stock analysts at Citigroup Inc. in a research note issued to investors on Thursday. They currently have a GBX 490 ($6.44) price objective on the stock. Citigroup Inc.’s target price would indicate a potential upside of 19.28% from the company’s previous close.

A number of other research firms have also weighed in on SL. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 520 ($6.84) price objective on shares of Standard Life Aberdeen PLC in a research note on Monday, September 11th. Barclays PLC reiterated an “underweight” rating on shares of Standard Life Aberdeen PLC in a research note on Monday, June 19th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a GBX 500 ($6.57) price objective on shares of Standard Life Aberdeen PLC in a research note on Tuesday, September 12th. Jefferies Group LLC increased their price objective on shares of Standard Life Aberdeen PLC from GBX 398 ($5.23) to GBX 411 ($5.40) and gave the stock a “hold” rating in a research note on Tuesday, July 11th. Finally, Shore Capital reiterated a “hold” rating on shares of Standard Life Aberdeen PLC in a research note on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 448 ($5.89).

Standard Life Aberdeen PLC (LON SL) opened at 410.80 on Thursday. Standard Life Aberdeen PLC has a 52 week low of GBX 322.76 and a 52 week high of GBX 447.60. The stock’s 50 day moving average is GBX 422.60 and its 200 day moving average is GBX 385.80.

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Standard Life Aberdeen PLC Company Profile

Standard Life Aberdeen plc, formerly Standard Life plc, is a United Kingdom-based global investment company. The Company operates through four segments, which include Aberdeen Standard Investments, Pensions and Savings, India and China, and Other. The Aberdeen Standard Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.

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