abrdn (LON:ABDN) Given New GBX 195 Price Target at Citigroup

abrdn (LON:ABDN - Get Free Report) had its price objective hoisted by stock analysts at Citigroup from GBX 155 ($2.11) to GBX 195 ($2.65) in a report released on Wednesday, Marketbeat Ratings reports. The firm currently has a "neutral" rating on the stock. Citigroup's price target would suggest a potential upside of 2.09% from the company's current price.

Separately, JPMorgan Chase & Co. upgraded shares of abrdn to an "overweight" rating and set a GBX 218 ($2.96) target price for the company in a report on Monday.

abrdn Stock Up 0.8%

LON ABDN traded up GBX 1.60 ($0.02) on Wednesday, hitting GBX 191 ($2.60). 2,149,056 shares of the company were exchanged, compared to its average volume of 10,037,997. The stock has a fifty day moving average of GBX 177.42 and a 200-day moving average of GBX 159.69. The company has a market cap of £3.42 billion, a PE ratio of 10.86, a PEG ratio of 12.70 and a beta of 1.25. The company has a current ratio of 225.80, a quick ratio of 24.97 and a debt-to-equity ratio of 12.25. abrdn has a 12 month low of GBX 120.80 ($1.64) and a 12 month high of GBX 200.14 ($2.72).

About abrdn

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.