abrdn plc (LON:ABDN) Given Consensus Rating of “Hold” by Analysts

Shares of abrdn plc (LON:ABDN) have received an average recommendation of “Hold” from the six research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 226.50.

ABDN has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 270 price target on shares of abrdn in a research report on Friday, July 31st. Jefferies Financial Group restated a “hold” rating and issued a GBX 210 price target on shares of abrdn in a research report on Thursday, July 30th.

Insider Activity

In related news, insider Katie Bickerstaffe bought 8,313 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The shares were acquired at an average cost of GBX 240 per share, with a total value of £19,951.20. 0.93% of the stock is owned by insiders.

abrdn Stock Up 0.4%

Shares of ABDN stock opened at GBX 250.27 on Monday. abrdn has a 12 month low of GBX 179.60 and a 12 month high of GBX 265. The company has a quick ratio of 24.97, a current ratio of 327.40 and a debt-to-equity ratio of 10.77. The stock has a 50 day moving average of GBX 247.98 and a 200-day moving average of GBX 228.91. The firm has a market cap of £4.48 billion, a PE ratio of 11.97, a price-to-earnings-growth ratio of 12.70 and a beta of 1.40.

abrdn (LON:ABDN) last announced its quarterly earnings results on Wednesday, July 29th. The company reported GBX 8.40 earnings per share (EPS) for the quarter. abrdn had a net margin of 28.07% and a return on equity of 7.37%. On average, equities analysts predict that abrdn will post 15.2266152 EPS for the current year.

abrdn Company Profile

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