Brokerages Set abrdn plc (LON:ABDN) Target Price at GBX 211.17

Shares of abrdn plc (LON:ABDN) have received an average rating of “Hold” from the six analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 211.17.

Several research firms recently weighed in on ABDN. Royal Bank Of Canada increased their price objective on shares of abrdn from GBX 195 to GBX 200 and gave the stock a “buy” rating in a research note on Thursday, October 30th. JPMorgan Chase & Co. raised their target price on abrdn from GBX 234 to GBX 242 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Citigroup upped their price target on shares of abrdn from GBX 205 to GBX 220 and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Jefferies Financial Group upped their target price on shares of abrdn from GBX 180 to GBX 190 and gave the stock a “hold” rating in a research report on Monday, October 20th. Finally, UBS Group restated a “sell” rating and issued a GBX 175 price target on shares of abrdn in a research note on Friday, October 17th.

abrdn Stock Down 0.3%

ABDN stock opened at GBX 196 on Friday. The company has a current ratio of 225.80, a quick ratio of 24.97 and a debt-to-equity ratio of 12.25. The company’s 50-day moving average price is GBX 203.15 and its 200 day moving average price is GBX 195.11. abrdn has a 52 week low of GBX 120.80 and a 52 week high of GBX 211.40. The company has a market cap of £3.50 billion, a P/E ratio of 11.26, a P/E/G ratio of 12.70 and a beta of 1.25.

About abrdn

Aberdeen is a Wealth & Investments group that connects investors to the expertise, tools, and solutions they need to grow and manage their wealth with confidence.

We are structured around three businesses – interactive investor, Adviser and Investments. As a diversified group, we have positioned ourselves for growth in a changing investment landscape.