abrdn plc (LON:ABDN) Stock Has Average Target Price of GBX 226.50

Shares of abrdn plc (LON:ABDN) have been given an average rating of “Hold” by the six analysts that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 226.50.

Several brokerages have recently issued reports on ABDN. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 270 price objective on shares of abrdn in a research note on Friday, July 31st. 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.

abrdn Price Performance

Shares of ABDN opened at GBX 243.20 on Friday. 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 company’s fifty day moving average price is GBX 246.31 and its 200-day moving average price is GBX 232.78. abrdn has a 1-year low of GBX 179.60 and a 1-year high of GBX 265. The firm has a market capitalization of £4.36 billion, a PE ratio of 11.64, a price-to-earnings-growth ratio of 12.70 and a beta of 1.40.

abrdn (LON:ABDN) last issued its earnings results on Wednesday, July 29th. The company reported GBX 8.40 earnings per share (EPS) for the quarter. abrdn had a return on equity of 7.37% and a net margin of 28.07%. On average, equities research analysts predict that abrdn will post 15.2266152 EPS for the current year.

Insider Buying and Selling at abrdn

In other abrdn news, insider Katie Bickerstaffe acquired 8,313 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were acquired at an average cost of GBX 240 per share, with a total value of £19,951.20. Also, insider Torbjörn Magnusson acquired 80,670 shares of the business’s stock in a transaction dated Monday, September 21st. The stock was acquired at an average price of GBX 245 per share, for a total transaction of £197,641.50. 0.93% of the stock is owned by corporate insiders.

abrdn Company Profile

At Aberdeen, we believe investing is about more than numbers — it’s about ambitions, dreams, and the confidence to shape your future. From novice to expert, individual to institution, every day we work to help millions of people turn their financial goals into reality.

Whether they’re starting out, planning for retirement, advising others, or managing large portfolios, we partner with our customers and clients to ensure they have the tools and insight they need to navigate an ever-changing world.