Standard Life Aberdeen PLC (SL) Earns “Buy” Rating from Goldman Sachs Group, Inc. (The)

Goldman Sachs Group, Inc. (The) reissued their buy rating on shares of Standard Life Aberdeen PLC (LON:SL) in a report issued on Tuesday morning, StockTargetPrices.com reports. Goldman Sachs Group, Inc. (The) currently has a GBX 500 ($6.46) target price on the stock.

Several other research analysts also recently issued reports on SL. Macquarie restated an outperform rating and set a GBX 435 ($5.62) price objective on shares of Standard Life Aberdeen PLC in a research report on Monday, May 15th. Deutsche Bank AG restated a hold rating and set a GBX 400 ($5.17) price objective on shares of Standard Life Aberdeen PLC in a research report on Tuesday, May 16th. Canaccord Genuity restated a speculative buy rating on shares of Standard Life Aberdeen PLC in a research report on Wednesday, May 31st. Morgan Stanley upgraded Standard Life Aberdeen PLC to an overweight rating and lifted their price objective for the stock from GBX 402 ($5.19) to GBX 465 ($6.01) in a research report on Wednesday, June 7th. Finally, Barclays PLC restated an underweight rating on shares of Standard Life Aberdeen PLC in a research report on Monday, June 19th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. Standard Life Aberdeen PLC presently has a consensus rating of Hold and an average price target of GBX 442.25 ($5.71).

Shares of Standard Life Aberdeen PLC (SL) opened at 410.80 on Tuesday. Standard Life Aberdeen PLC has a 12-month low of GBX 322.76 and a 12-month high of GBX 447.60. The company has a 50 day moving average price of GBX 422.60 and a 200 day moving average price of GBX 385.80.

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The company also recently disclosed a dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Thursday, September 7th will be issued a dividend of GBX 7 ($0.09) per share. The ex-dividend date is Thursday, September 7th. This represents a dividend yield of 1.61%.

About Standard Life Aberdeen PLC

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

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