Key Points
- Insider purchase: Torbjörn Magnusson bought 80,670 abrdn shares at GBX 245 each, investing approximately £197,642.
- Stock performance: abrdn shares opened at GBX 247.40, with a market capitalization of £4.43 billion and a 12-month trading range of GBX 179.60 to GBX 265.
- Analyst view: Coverage remains mixed—two analysts rate the stock Buy, three Hold, and one Sell—resulting in a consensus rating of Hold and an average price target of GBX 226.50.
abrdn plc (LON:ABDN - Get Free Report) insider Torbjörn Magnusson bought 80,670 shares of abrdn stock in a transaction dated Monday, September 21st. The shares were acquired at an average price of GBX 245 per share, with a total value of £197,641.50.
abrdn Stock Up 0.2%
ABDN stock opened at GBX 247.40 on Wednesday. The company has a current ratio of 327.40, a quick ratio of 24.97 and a debt-to-equity ratio of 10.77. The firm has a 50 day simple moving average of GBX 246.93 and a 200-day simple moving average of GBX 230.47. The company has a market capitalization of £4.43 billion, a P/E ratio of 11.84, a PEG ratio of 12.70 and a beta of 1.40. abrdn plc has a twelve month low of GBX 179.60 and a twelve month high of GBX 265.
abrdn (LON:ABDN - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported GBX 8.40 EPS for the quarter. abrdn had a net margin of 28.07% and a return on equity of 7.37%. On average, equities research analysts predict that abrdn plc will post 15.2266152 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 270 target price on shares of abrdn in a research report on Friday, July 31st. Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 210 price objective on shares of abrdn in a report on Thursday, July 30th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, abrdn presently has a consensus rating of "Hold" and an average price target of GBX 226.50.
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