Key Points
- Insider purchase: abrdn director Siobhan Boylan bought 76,305 shares on December 17 at GBX 197 each, a total value of £150,320.85.
- ABDN opened at GBX 201.40 with a 50‑day MA of GBX 201.99 and 200‑day MA of GBX 196.26; the company has a market cap of £3.60bn, a P/E of 11.57 and a 12‑month range of GBX 120.80–211.40.
- Analyst view is a consensus Hold with a target of GBX 211.17 (3 Buys, 2 Holds, 1 Sell), while JPMorgan recently raised its target to GBX 242 and rated the stock overweight.
abrdn plc (LON:ABDN - Get Free Report) insider Siobhan Boylan acquired 76,305 shares of the business's stock in a transaction that occurred on Wednesday, December 17th. The shares were purchased at an average cost of GBX 197 per share, with a total value of £150,320.85.
abrdn Price Performance
ABDN stock opened at GBX 201.40 on Friday. The company's 50-day moving average price is GBX 201.99 and its two-hundred day moving average price is GBX 196.26. The firm has a market cap of £3.60 billion, a P/E ratio of 11.57, a P/E/G ratio of 12.70 and a beta of 1.25. The company has a quick ratio of 24.97, a current ratio of 225.80 and a debt-to-equity ratio of 12.25. abrdn plc has a 12 month low of GBX 120.80 and a 12 month high of GBX 211.40.
Analyst Ratings Changes
A number of brokerages recently issued reports on ABDN. Jefferies Financial Group lifted their price objective on shares of abrdn from GBX 180 to GBX 190 and gave the company a "hold" rating in a research note on Monday, October 20th. Citigroup lifted their price target on abrdn from GBX 205 to GBX 220 and gave the company a "neutral" rating in a research note on Thursday, October 23rd. Royal Bank Of Canada boosted their price target on abrdn from GBX 195 to GBX 200 and gave the stock a "buy" rating in a report on Thursday, October 30th. JPMorgan Chase & Co. raised their price objective on abrdn from GBX 234 to GBX 242 and gave the company an "overweight" rating in a research note on Thursday, October 23rd. Finally, UBS Group reiterated a "sell" rating and issued a GBX 175 target price on shares of abrdn in a research report on Friday, October 17th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of GBX 211.17.
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About abrdn
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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.
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