The nine brokerage firms currently monitoring the company and providing data to Bloomberg Ratings have collectively assigned a rating of “reduce” to the company’s shares of ABRDN plc, the data from Bloomberg Ratings shows.
The stock has been rated “sell” by nine different market researchers, while only “hold” has been given by two of those same researchers.
The average one-year target price for the stock established by analysts who have covered the stock in the preceding year is GBX 182.50 ($2.22 per share).
Trading of ABN stock began on Thursday at a price of GBX 199.85, which is equivalent to $2.44 in American currency.
The stock’s 50-day moving average is currently sitting at GBX 211.82, and its 200-day moving average is currently at GBX 183.41, respectively.
The debt-to-equity ratio, the current ratio, and the quick ratio all come in at 14.43, 3.54, and 24.97, respectively.
The ratio of price to earnings for the company is -768.65, and its price-to-earnings-to-growth ratio is 12.70.
The company has a beta value of 1.29, and its market value is 4 billion pounds.
During the past year, the price of Abrdn reached its all-time high of GBX 237 ($2.89) and an all-time low of GBX 131.04 ($1.60).
A great number of equity analysts have been keeping a close eye on how the ABDN stock has been performing of late. HSBC raised their target price for the stock from GBX 175 ($2.13) to GBX 185 ($2.25) in a report published on Friday, February 10. However, the brokerage firm lowered its recommendation for shares of ABRDN to “sell.” In a report that was released on March 8, Credit Suisse Group raised their price target for ABN AMRO from GBX 160 ($1.95) to GBX 210 ($2.56) and upgraded the company’s rating from “underperform” to “outperform.” Additionally, they changed their rating from “underperform” to “outperform.” In a report that was released on November 28, Deutsche Bank Aktiengesellschaft gave the company a rating of “sell” and increased their price objective on the stock from GBX 130 ($1.58) to GBX 170 ($2.07).
In addition, the report stated that they raised the price target on the stock from GBX 130 ($1.58) to GBX 170 ($2.07).
The ” sell ” rating given to the company was another negative indicator.
The company has announced that it will be paying a dividend on May 16 and has declared the dividend.
In addition, the company has stated that it will be paying the dividend. Shareholders currently on record will be eligible to receive a dividend payment of GBX 7.30 ($0.09) on Thursday, March 30.
This dividend payment represents a yield of 3.42%. On Thursday, March 30, the dividend will be paid to shareholders.
The payout percentage for ABRDN is currently sitting at -5,769.23%.
The services of asset management that ABRDN Plc provides are accessible to customers in the United Kingdom, as well as in Europe, North America, and Asia.
Individual and corporate customers can benefit from life insurance and savings products, long-term savings and investment products, investment solutions and funds, and long-term savings and investment products offered by the company.
The company distributes its products via institutional, wholesale, and retail distribution methods to maximize its potential for financial gain.