Aberdeen Asset Management PLC (LON:ADN) Rating Reconfirmed
JP Morgan Cazenove have a GBX 245.00 price target on the stock. The price target would indicate a potential downside of -11.57 % from Aberdeen Asset Management Plc (LON:ADN)’s close price. This rating was released in a report on Friday morning.
Out of 18 brokers covering Aberdeen Asset Management PLC, 3 rate it a Buy, 8 indicate a Hold while 8 suggest a Sell. The highest target is GBX 420 and the lowest is GBX 200 according to Thomson/First Call. The 12-month mean target is GBX 255.5, which means downside potential of 5.32% over the current price.
LON:ADN Price Chart & Trend
The stock price of Aberdeen Asset Management Plc has declined 35.69% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Aberdeen Asset Management PLC is up 19.58% and down 23.74%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Aberdeen Asset Management PLC (LON:ADN) Profile
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.
Aberdeen Asset Management PLC (LON:ADN) traded down -2.71% on 1 April, hitting GBX 269.87. A total of 4.34 million shares of the company’s stock traded hands. This is down from average of 6.52 million shares. Aberdeen Asset Management PLC has a 52 week low of GBX 208.50 and a 52 week high of GBX 509.64. The company has a market cap of 3.56 billion GBX and a P/E ratio of 12.38.
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