Key Points
- Insider buying: Torbjörn Magnusson purchased 90,190 abrdn shares at GBX 222 each, worth approximately £200,222. He also bought 80,670 shares in September for about £197,642.
- Stock performance: abrdn opened at GBX 220.60, with a market capitalization of approximately £3.95 billion and a 1-year trading range of GBX 179.60 to GBX 265.
- Analyst outlook: Analysts have a consensus “Hold” rating and an average price target of GBX 226.50, with ratings ranging from Sell to Buy.
abrdn plc (LON:ABDN - Get Free Report) insider Torbjörn Magnusson purchased 90,190 shares of the firm's stock in a transaction on Friday, October 30th. The shares were purchased at an average cost of GBX 222 per share, for a total transaction of £200,221.80.
Torbjörn Magnusson also recently made the following trade(s):
- On Monday, September 21st, Torbjörn Magnusson purchased 80,670 shares of abrdn stock. The shares were purchased at an average price of GBX 245 per share, with a total value of £197,641.50.
abrdn Stock Performance
LON:ABDN opened at GBX 220.60 on Friday. The firm has a 50 day simple moving average of GBX 240.24 and a 200-day simple moving average of GBX 228.46. The company has a debt-to-equity ratio of 10.77, a current ratio of 327.40 and a quick ratio of 24.97. The firm has a market cap of £3.95 billion, a PE ratio of 10.56, a P/E/G ratio of 12.70 and a beta of 1.40. abrdn plc has a 1-year low of GBX 179.60 and a 1-year high of GBX 265.
abrdn (LON:ABDN - Get Free Report) last announced its quarterly earnings data 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 expect that abrdn plc will post 15.23 EPS for the current year.
Wall Street Analyst Weigh In
ABDN has been the subject of several analyst reports. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 210 price target on shares of abrdn in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 270 price objective on shares of abrdn in a report on Friday, July 31st. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, abrdn has an average rating of "Hold" and a consensus target price of GBX 226.50.
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