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...

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