Shares of Standard Life Aberdeen PLC (LON:SLA) have been given a consensus recommendation of “Buy” by the twelve analysts that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 317.70 ($4.15).
A number of research firms have recently weighed in on SLA. Jefferies Financial Group reissued a “buy” rating and set a GBX 410 ($5.36) target price on shares of Standard Life Aberdeen in a report on Monday, March 25th. UBS Group reissued a “buy” rating on shares of Standard Life Aberdeen in a report on Thursday, March 14th. Numis Securities reissued a “buy” rating and set a GBX 361 ($4.72) target price on shares of Standard Life Aberdeen in a report on Wednesday, March 13th. Citigroup reissued a “buy” rating on shares of Standard Life Aberdeen in a report on Tuesday, March 12th. Finally, Goldman Sachs Group reissued a “buy” rating on shares of Standard Life Aberdeen in a report on Wednesday, February 27th.
In related news, insider Douglas J. Flint purchased 7,750 shares of the company’s stock in a transaction that occurred on Friday, March 29th. The stock was acquired at an average price of GBX 263 ($3.44) per share, with a total value of £20,382.50 ($26,633.35). Also, insider Cathleen Raffaeli purchased 9,315 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The stock was bought at an average cost of GBX 260 ($3.40) per share, with a total value of £24,219 ($31,646.41). In the last ninety days, insiders purchased 24,927 shares of company stock valued at $6,487,490.
Standard Life Aberdeen stock traded up GBX 2.80 ($0.04) during mid-day trading on Wednesday, hitting GBX 271.80 ($3.55). 8,736,875 shares of the company’s stock traded hands, compared to its average volume of 9,330,000. Standard Life Aberdeen has a fifty-two week low of GBX 219.10 ($2.86) and a fifty-two week high of GBX 382.70 ($5.00). The company has a market capitalization of $6.59 billion and a price-to-earnings ratio of 9.34. The company has a debt-to-equity ratio of 17.20, a current ratio of 1.58 and a quick ratio of 1.01.
The business also recently declared a dividend, which will be paid on Tuesday, May 21st. Investors of record on Thursday, April 11th will be paid a GBX 14.30 ($0.19) dividend. This represents a yield of 5.7%. The ex-dividend date is Thursday, April 11th. This is an increase from Standard Life Aberdeen’s previous dividend of $7.30. Standard Life Aberdeen’s payout ratio is 0.79%.
About Standard Life Aberdeen
Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.
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