abrdn plc (OTCMKTS:SLFPF) Receives Average Rating of “Hold” from Brokerages

abrdn plc (OTCMKTS:SLFPFGet Rating) has been assigned an average recommendation of “Hold” from the eight research firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $233.33.

Several analysts recently issued reports on SLFPF shares. Morgan Stanley cut their price target on shares of abrdn from GBX 271 ($3.34) to GBX 225 ($2.77) in a report on Tuesday, March 29th. Credit Suisse Group initiated coverage on shares of abrdn in a research note on Tuesday, January 25th. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft dropped their target price on shares of abrdn from GBX 250 ($3.08) to GBX 230 ($2.84) in a report on Wednesday, March 16th. Finally, Berenberg Bank cut shares of abrdn from a “buy” rating to a “hold” rating in a report on Wednesday, January 26th.

SLFPF traded up $0.02 during trading on Friday, hitting $2.30. The company had a trading volume of 5,000 shares, compared to its average volume of 4,223. The business has a 50-day moving average of $2.57 and a 200-day moving average of $3.00. abrdn has a 1-year low of $2.27 and a 1-year high of $4.90.

abrdn Company Profile (Get Rating)

abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.

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Analyst Recommendations for abrdn (OTCMKTS:SLFPF)

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