abrdn plc (LON:ABDN) Receives Consensus Rating of “Hold” from Analysts

Shares of abrdn plc (LON:ABDNGet Free Report) have been assigned a consensus rating of “Hold” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 226.50.

Several research firms have issued reports on ABDN. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 210 target price on shares of abrdn in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 270 target price on shares of abrdn in a research note on Friday, July 31st.

View Our Latest Report on ABDN

abrdn Stock Performance

abrdn stock opened at GBX 245.60 on Monday. The company has a debt-to-equity ratio of 10.77, a quick ratio of 24.97 and a current ratio of 327.40. The company has a market capitalization of £4.40 billion, a PE ratio of 11.75, a P/E/G ratio of 12.70 and a beta of 1.40. The company has a 50 day moving average price of GBX 247.98 and a 200-day moving average price of GBX 229.01. abrdn has a fifty-two week low of GBX 179.60 and a fifty-two week high of GBX 265.

abrdn (LON:ABDNGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 8.40 earnings per share for the quarter. abrdn had a net margin of 28.07% and a return on equity of 7.37%. As a group, equities analysts forecast that abrdn will post 15.2266152 earnings per share for the current year.

Insider Activity at abrdn

In related news, insider Katie Bickerstaffe bought 8,313 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were purchased at an average cost of GBX 240 per share, with a total value of £19,951.20. 0.93% of the stock is owned by insiders.

About abrdn

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Analyst Recommendations for abrdn (LON:ABDN)

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