candolim
- 22 Jul 2006 13:53
aberdeen asset managemnt this company has fallen from 1.90 per share in may down to 1.34 now. despite having really good broker recommendations, as being a strong buy. Lets hear views and whether or not if you thing they have a good chance of recovery. I have quite a few shares and am wondering whether to stick with or move the money into something else.
Chris Carson
- 27 Mar 2014 14:18
- 187 of 470
Credit Suisse new target 415.0
Chris Carson
- 27 Mar 2014 16:12
- 188 of 470
Stop to 389.0 to lock in + 20
Chris Carson
- 27 Mar 2014 16:46
- 190 of 470
You in skinners?
skinny
- 27 Mar 2014 16:47
- 191 of 470
No - if I was I'd probably be the hare!!
Chris Carson
- 27 Mar 2014 16:54
- 192 of 470
Ahh, I need a new set of golf clubs :O)
Chris Carson
- 28 Mar 2014 08:17
- 193 of 470
JP Morgan overweight new target 509.0
goldfinger
- 28 Mar 2014 08:29
- 194 of 470
Credit Suisse sees "tough start" for Aberdeen
27 March 2014 11:31
Credit Suisse expects a "tough start to the year" for asset manager Aberdeen and has reduced its target price for the stock from 470p to 415p, keeping a 'neutral' rating.
The bank admitted that the shares - trading at 11 times earnings for the 2015 calendar year - are "not expensive" but sees a lack of catalysts for the share price in the near term.
Credit Suisse said that at Aberdeen's listed UK and offshore funds, which capture around 21% of its assets under management, there have been net outflows of around £2.9bn during January and February alone, which compares to net outflows of £2.3bn across the fourth quarter of 2013.
Key listed funds including GEM equities, Asia Pacific equities and Global equities all continued to experience net outflows during the first two months of the year, according to Morningstar.
"Whilst we have less visibility on institutional mandates and the funding of the pipeline, we expect a relatively cautious start to 2014 which is unlikely to have been helped by continued subdued sentiment towards emerging markets."
The stock was up 0.3% at 388.3p by 11:42.
BC
Chris Carson
- 28 Mar 2014 08:31
- 195 of 470
And,your point?
goldfinger
- 28 Mar 2014 08:44
- 196 of 470
They have been downgraded by J P Morgan your post up above 193
Chris Carson
- 28 Mar 2014 08:50
- 197 of 470
LATEST BROKER VIEWS
Date Broker New target Recomm.
28 Mar JP Morgan... 509.00 Overweight
27 Mar Credit Suisse 415.00 Neutral
26 Mar Citigroup 390.00 Neutral
24 Mar RBC Capital... N/A Outperform
19 Mar RBC Capital... N/A Outperform
10 Mar Goldman Sachs 540.00 Buy
17 Feb Goldman Sachs 540.00 Buy
13 Feb Jefferies... 350.00 Underperform
6 Feb RBC Capital... 485.00 Outperform
6 Feb Numis 425.00 Hold
Broker Recommendations for Aberdeen Asset Management
Chris Carson
- 28 Mar 2014 08:52
- 198 of 470
GF - As posted on your chart thread, I use them but never rely on them :O)
goldfinger
- 28 Mar 2014 08:56
- 199 of 470
Downgraded by J P Morgan.......
SP target was .........529p.........NOW 509p.
28 Mar 2014 Aberdeen Asset... ADN JP Morgan Cazenove Overweight 398.55 396.90 529.00 509.00 Retains
skinny
- 28 Mar 2014 08:58
- 200 of 470
Good job you don't listen to brokers recs then!
Chris Carson
- 28 Mar 2014 09:00
- 201 of 470
Again AND, what's your point? Can't see it but 509.0 unless I'm looking at the chart upside down is a dam sight better than current SP.
goldfinger
- 28 Mar 2014 09:01
- 202 of 470
Ohhh I do and I use them.
goldfinger
- 28 Mar 2014 09:06
- 203 of 470
Chris 2 downgrades in 1 day.
The brokers are pointing out they have lowered their expectations.
Its like your mate Smirkey Burns telling you that hes lowered his SP target on one of HIS TIPS (when is a tip not a tip?, when Robbie Burns tips it.......get it LOL)
Chris Carson
- 28 Mar 2014 09:11
- 204 of 470
Grow up GF.
goldfinger
- 28 Mar 2014 10:54
- 205 of 470
That from a bloke who goes on the talk thread and posts childish remarks about football.
ohhhhhh dear.
goldfinger
- 28 Mar 2014 10:55
- 206 of 470
Charles Stanley says.........
Aberdeen Asset Management (ADN: 396p) bucked the trend in the broader market and
posted a gain of 2.2% (in decent trade), which means that it has now risen by 9.3% this week
alone. Investors appear to be making the assumption that the company’s emerging-market
woes are already over but this looks like it might be a little bit premature. Selling into strength
might not be a bad idea here.