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abrdn (LON:ABDN) Raised to Overweight at JPMorgan Chase & Co.

abrdn logo with Financial Services background

JPMorgan Chase & Co. upgraded shares of abrdn (LON:ABDN - Free Report) to an overweight rating in a research report released on Monday morning, Marketbeat reports. JPMorgan Chase & Co. currently has GBX 218 ($2.96) price target on the stock.

abrdn Price Performance

Shares of LON:ABDN traded up GBX 1.60 ($0.02) during trading hours on Monday, hitting GBX 191 ($2.60). 2,149,056 shares of the company's stock traded hands, compared to its average volume of 10,037,997. abrdn has a 52 week low of GBX 120.80 ($1.64) and a 52 week high of GBX 200.14 ($2.72). The company has a debt-to-equity ratio of 12.25, a quick ratio of 24.97 and a current ratio of 225.80. The company's fifty day simple moving average is GBX 177.42 and its two-hundred day simple moving average is GBX 159.69. The company has a market cap of £3.42 billion, a price-to-earnings ratio of 10.86, a price-to-earnings-growth ratio of 12.70 and a beta of 1.25.

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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