abrdn plc (LON:ABDN) Receives GBX 211.17 Consensus Target Price from Analysts

abrdn plc (LON:ABDN) has been assigned an average recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 211.17.

ABDN has been the topic of several recent analyst reports. Jefferies Financial Group boosted their target price on shares of abrdn from GBX 180 to GBX 190 and gave the company a “hold” rating in a research note on Monday, October 20th. UBS Group reaffirmed a “sell” rating and set a GBX 175 price objective on shares of abrdn in a research note on Friday, October 17th. Royal Bank Of Canada raised their price objective on shares of abrdn from GBX 195 to GBX 200 and gave the stock a “buy” rating in a report on Thursday, October 30th. Deutsche Bank Aktiengesellschaft reduced their target price on abrdn from GBX 245 to GBX 240 and set a “buy” rating on the stock in a report on Wednesday, October 22nd. Finally, JPMorgan Chase & Co. raised their price target on abrdn from GBX 234 to GBX 242 and gave the company an “overweight” rating in a report on Thursday, October 23rd.

abrdn Stock Down 1.5%

Shares of ABDN opened at GBX 196 on Friday. The company has a quick ratio of 24.97, a current ratio of 225.80 and a debt-to-equity ratio of 12.25. The company has a 50-day moving average price of GBX 203.14 and a two-hundred day moving average price of GBX 195.33. The stock has a market cap of £3.50 billion, a price-to-earnings ratio of 11.26, a P/E/G ratio of 12.70 and a beta of 1.25. abrdn has a 12 month low of GBX 120.80 and a 12 month high of GBX 211.40.

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.