abrdn (OTCMKTS:SLFPF) Downgraded by Exane BNP Paribas to “Underperform”

Exane BNP Paribas cut shares of abrdn (OTCMKTS:SLFPFGet Rating) from a neutral rating to an underperform rating in a research report sent to investors on Tuesday morning, The Fly reports. The brokerage currently has GBX 195 ($2.29) target price on the stock.

Other research analysts have also recently issued research reports about the company. The Goldman Sachs Group began coverage on abrdn in a research note on Tuesday, July 19th. They set a neutral rating on the stock. Morgan Stanley cut their target price on abrdn from GBX 186 ($2.19) to GBX 168 ($1.97) in a research note on Wednesday, July 27th. Deutsche Bank Aktiengesellschaft boosted their price target on abrdn from GBX 125 ($1.47) to GBX 130 ($1.53) in a report on Monday, October 24th. Finally, Royal Bank of Canada boosted their price target on abrdn from GBX 145 ($1.70) to GBX 150 ($1.76) in a report on Tuesday, August 16th. Seven analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Reduce and a consensus price target of $178.00.

abrdn Price Performance

SLFPF opened at $2.30 on Tuesday. The stock’s 50 day moving average price is $1.63 and its 200-day moving average price is $1.89. abrdn has a one year low of $1.35 and a one year high of $3.51.

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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