abrdn plc (LON:ABDN – Get Free Report) has been assigned an average rating of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 226.50.
A number of brokerages have issued reports on ABDN. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 270 price target on shares of abrdn in a research note on Friday, July 31st. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 210 price objective on shares of abrdn in a research note on Thursday, July 30th.
Get Our Latest Report on abrdn
abrdn Trading Up 0.8%
Shares of abrdn stock opened at GBX 226.60 on Tuesday. The stock has a 50 day moving average of GBX 239.89 and a 200 day moving average of GBX 228.54. 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 firm has a market capitalization of £4.06 billion, a price-to-earnings ratio of 10.84, a PEG ratio of 12.70 and a beta of 1.40. abrdn has a fifty-two week low of GBX 179.60 and a fifty-two week high of GBX 265.
Insiders Place Their Bets
In other abrdn news, insider Katie Bickerstaffe acquired 9,033 shares of the company’s stock in a transaction dated Friday, October 23rd. The shares were acquired at an average price of GBX 215 per share, for a total transaction of £19,420.95. Also, insider Torbjörn Magnusson bought 90,190 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The shares were acquired at an average price of GBX 222 per share, with a total value of £200,221.80. Insiders bought a total of 179,893 shares of company stock worth $41,728,425 over the last 90 days. Company insiders own 0.71% of the company’s stock.
About abrdn
At Aberdeen, we believe investing is about more than numbers — it’s about ambitions, dreams, and the confidence to shape your future. From novice to expert, individual to institution, every day we work to help millions of people turn their financial goals into reality.
Whether they’re starting out, planning for retirement, advising others, or managing large portfolios, we partner with our customers and clients to ensure they have the tools and insight they need to navigate an ever-changing world.
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