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

abrdn logo with Financial Services background

abrdn (LON:ABDN - Get Free Report) was upgraded by investment analysts at JPMorgan Chase & Co. to an "overweight" rating in a report issued on Monday,Digital Look reports. The firm presently has a GBX 218 ($2.98) price target on the stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 14.92% from the company's previous close.

abrdn Price Performance

Shares of ABDN opened at GBX 189.69 ($2.59) on Monday. abrdn has a 1 year low of GBX 120.80 ($1.65) and a 1 year high of GBX 200.14 ($2.73). The company has a debt-to-equity ratio of 12.25, a current ratio of 225.80 and a quick ratio of 24.97. The business has a 50-day moving average of GBX 174.83 and a 200-day moving average of GBX 158.93. The company has a market capitalization of £3.40 billion, a price-to-earnings ratio of 10.78, a price-to-earnings-growth ratio of 12.70 and a beta of 1.25.

About abrdn

(Get Free Report)

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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