Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY – Get Free Report) fell 0.6% on Tuesday. The company traded as low as $13.0550 and last traded at $13.0550. 141 shares traded hands during trading, an increase of 180% from the average daily volume of 50 shares. The stock had previously closed at $13.13.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group cut Abrdn from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Two investment analysts have rated the stock with a Hold rating. According to MarketBeat, Abrdn has an average rating of “Hold”.
Get Our Latest Report on Abrdn
Abrdn Trading Down 0.6%
About Abrdn
abrdn plc is a United Kingdom-based investment and wealth management company headquartered in Edinburgh, Scotland. The company provides investment solutions and financial services to institutional investors, financial advisers, wealth managers, and individual clients.
Its investment business manages portfolios across equities, fixed income, multi-asset strategies, real assets, private markets, and other alternative investments. Through its adviser and personal wealth operations, abrdn also offers financial planning, investment platforms, savings products, and wealth management services.
The company was formed in 2017 through the merger of Standard Life and Aberdeen Asset Management and adopted the abrdn brand in 2021.
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