abrdn (LON:ABDN - Get Free Report) had its price objective boosted by analysts at Royal Bank Of Canada from GBX 130 ($1.77) to GBX 140 ($1.90) in a research report issued to clients and investors on Thursday,London Stock Exchange reports. The brokerage currently has an "outperform" rating on the stock. Royal Bank Of Canada's price target suggests a potential downside of 26.97% from the company's previous close.
Several other brokerages have also issued reports on ABDN. JPMorgan Chase & Co. raised abrdn to an "overweight" rating and set a GBX 218 ($2.96) target price for the company in a research report on Monday. Citigroup raised their target price on abrdn from GBX 155 ($2.11) to GBX 195 ($2.65) and gave the stock a "neutral" rating in a research report on Wednesday.
View Our Latest Stock Analysis on ABDN
abrdn Trading Up 1.2%
LON ABDN opened at GBX 191.69 ($2.61) on Thursday. 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 has a twelve month low of GBX 120.80 ($1.64) and a twelve month high of GBX 200.14 ($2.72). The company has a market cap of £3.43 billion, a price-to-earnings ratio of 10.90, a price-to-earnings-growth ratio of 12.70 and a beta of 1.25. The business's fifty day moving average is GBX 177.42 and its 200 day moving average is GBX 159.69.
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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