Analysts Set abrdn plc (LON:ABDN) Price Target at GBX 203

abrdn plc (LON:ABDN) has earned a consensus recommendation of “Hold” from the six ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 203.

Several equities research analysts recently weighed in on the company. Royal Bank Of Canada raised abrdn to a “sector perform” rating and raised their price objective for the company from GBX 140 to GBX 195 in a report on Wednesday, August 20th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of abrdn in a research note on Tuesday, July 29th. Citigroup boosted their price objective on shares of abrdn from GBX 200 to GBX 205 and gave the stock a “hold” rating in a research note on Thursday, October 2nd. UBS Group reissued a “sell” rating and issued a GBX 175 price objective on shares of abrdn in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of abrdn from GBX 240 to GBX 245 and gave the stock a “buy” rating in a research note on Friday, October 3rd.

abrdn Price Performance

Shares of LON ABDN opened at GBX 199 on Friday. abrdn has a fifty-two week low of GBX 120.80 and a fifty-two week high of GBX 211.40. The stock has a market capitalization of £3.56 billion, a price-to-earnings ratio of 1,143.68, a PEG ratio of 12.70 and a beta of 1.25. The company has a debt-to-equity ratio of 12.25, a current ratio of 225.80 and a quick ratio of 24.97. The business has a 50-day moving average of GBX 195.66 and a 200-day moving average of GBX 181.05.

abrdn (LON:ABDN) last announced its quarterly earnings data on Wednesday, July 30th. The company reported GBX 7.60 EPS for the quarter. abrdn had a net margin of 21.19% and a return on equity of 6.46%. As a group, sell-side analysts predict that abrdn will post 15.2266152 earnings per share for the current fiscal year.

abrdn Company Profile

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.