Is SLA share price rise justified?

Observations from Procensus

Anna Fedorova
clock • 1 min read

Standard Life Aberdeen has seen its share price sky rocket this year, even as negative headlines around the business continue to highlight risks to earnings.

According to a recent poll by Procensus, an opinion-sharing platform for institutional shareholders, SLA was second after Hargreaves Lansdown in a list of stocks which respondents deemed to have the most negative prospects over the coming months. As a result, the SLA stock has fallen three places in its PRO-EU-FIN index over the last three months to sit in 46th place out of 50. In this index, the company ranks worst on growth prospects and competitive advantages/franchise strength, while it only scores above the lowest quintile on one indicator - corporate governance. SLA AGM sees 42...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Stories of the Week: New Year Honours; Fundsmith slips down ii list; Another short position against Hargreaves Lansdown

Stories of the Week: New Year Honours; Fundsmith slips down ii list; Another short position against Hargreaves Lansdown

The biggest stories from the world of investment and asset management this week: New Year Honours; Fundsmith; Hargreaves Lansdown

Sarka Halas
clock 05 January 2024 • 1 min read
Partner Insight: Outlook 2024 from Royal London Asset Management

Partner Insight: Outlook 2024 from Royal London Asset Management

Royal London Asset Management
clock 03 January 2024 • 1 min read
Helen Wagstaff

CASCAID founder Helen Wagstaff awarded MBE in New Year Honours List

Services to charity

Investment Week
clock 30 December 2023 • 3 min read
Trustpilot