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    SL.   GB00BF8Q6K64

STANDARD LIFE ABERDEEN PLC

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Standard Life Aberdeen : to change name to Abrdn

04/26/2021 | 04:31am EDT

Fund manager Standard Life Aberdeen has today announced that it will change its name to Abrdn in an effort to shore up its brand identity.

The rebranding process will begin in the summer with the aim of creating a “digitally-enabled brand” that will be used for all the company’s client-facing businesses globally.

The Abrdn brand, which the firm said is pronounced as “Aberdeen”, will be accompanied by a new visual identity.

The firm plans to implement a full stakeholder engagement plan to manage the transition.

Read more: FTSE slips as export and energy companies dip

Stephen Bird, chief executive of Abrdn, said the new brand is modern and dynamic and will build on the company’s heritage.

“It is a highly-differentiated brand that will create unity across the business, replacing five different brand names that have each been operating independently.

“Our new name reflects the clarity of focus that the leadership team are bringing to the business as we seek to deliver sustainable growth.”

Read more: Economy shows green shoots of recovery as dividends fall at slowest rate in a year

The post Standard Life Aberdeen to change name to Abrdn appeared first on CityAM.

© City AM, source Newspaper

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Financials
Sales 2021 1 483 M 2 093 M 2 093 M
Net income 2021 230 M 324 M 324 M
Net cash 2021 887 M 1 251 M 1 251 M
P/E ratio 2021 21,4x
Yield 2021 5,19%
Capitalization 6 056 M 8 532 M 8 544 M
EV / Sales 2021 3,49x
EV / Sales 2022 3,30x
Nbr of Employees 6 029
Free-Float 97,7%
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 308,59 GBX
Last Close Price 286,60 GBX
Spread / Highest target 31,2%
Spread / Average Target 7,67%
Spread / Lowest Target -12,8%
EPS Revisions
Managers and Directors
NameTitle
Stephen Bird Chief Executive Officer & Director
Stephanie Bruce Chief Financial Officer & Executive Director
Douglas Jardine Flint Chairman
Mark Jonathan Dixon Chief Information Officer
Mike Tumilty Global Chief Operating Officer
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