Aberdeen Asset Management plc (LON:ADN) had its price target dropped by investment analysts at BNP Paribas from GBX 250 ($3.56) to GBX 200 ($2.85) in a research report issued to clients and investors on Thursday, Marketbeat reports. The firm presently has an “underperform” rating on the stock. BNP Paribas’ price objective would suggest a potential downside of 18.86% from the stock’s current price.

In other Aberdeen Asset Management plc news, insider Mully,Richard Stephen purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, January 6th. The stock was purchased at an average price of GBX 267 ($3.80) per share, with a total value of £26,700 ($38,039.61).

Several other equities analysts have also recently weighed in on ADN. Peel Hunt reissued a “buy” rating on shares of Aberdeen Asset Management plc in a report on Wednesday, January 27th. Liberum Capital reissued a “buy” rating and set a GBX 338 ($4.82) price target on shares of Aberdeen Asset Management plc in a report on Wednesday, January 27th. Citigroup Inc. reissued a “neutral” rating and set a GBX 300 ($4.27) price target on shares of Aberdeen Asset Management plc in a report on Tuesday, December 1st. Credit Suisse lowered their price target on Aberdeen Asset Management plc from GBX 350 ($4.99) to GBX 265 ($3.78) and set a “neutral” rating on the stock in a report on Wednesday, January 27th. Finally, Jefferies Group reduced their price objective on Aberdeen Asset Management plc from GBX 315 ($4.49) to GBX 286 ($4.07) and set a “hold” rating for the company in a research note on Tuesday, December 1st. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 319.59 ($4.55).

Shares of Aberdeen Asset Management plc (LON:ADN) opened at 245.0000 on Thursday. The company’s market cap is GBX 3.15 billion. The firm’s 50-day moving average price is GBX 260.15 and its 200 day moving average price is GBX 318.52. Aberdeen Asset Management plc has a 52 week low of GBX 214.70 and a 52 week high of GBX 509.64.

The firm also recently declared a dividend, which will be paid on Wednesday, February 3rd. Investors of record on Thursday, January 7th will be issued a GBX 12 ($0.17) dividend. This represents a dividend yield of 3.76%. The ex-dividend date is Thursday, January 7th.

Aberdeen Asset Management PLC is United Kingdom-based asset management company. The Company manages assets for both institutional and retail clients. The company invests across the four main asset classes of equity, fixed income, property and alternative investment strategies. The Company operates in 23 countries. Its key clients include national and corporate pension funds, central banks and other investment institutions.

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