Citigroup Issues Positive Forecast for abrdn (LON:ABDN) Stock Price

Posted by Stephan Jacobs on Mar 7th, 2025

abrdn (LON:ABDN – Free Report) had its price target hoisted by Citigroup from GBX 140 ($1.80) to GBX 172 ($2.22) in a report released on Thursday, MarketBeat.com reports. The brokerage currently has a neutral rating on the stock.

abrdn Trading Down 0.8 %

LON ABDN opened at GBX 174.60 ($2.25) on Thursday. The company has a market cap of £3.13 billion, a PE ratio of 9.93, 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 130.50 ($1.68) and a 12 month high of GBX 186.48 ($2.40). The stock has a 50 day moving average of GBX 150.09 and a 200-day moving average of GBX 148.17.

abrdn (LON:ABDN – Get Free Report) last posted its quarterly earnings results on Tuesday, March 4th. The company reported GBX 15.20 ($0.20) earnings per share for the quarter. abrdn had a return on equity of 6.46% and a net margin of 21.19%. On average, equities research analysts anticipate that abrdn will post 15.2266152 EPS for the current fiscal year.

Insider Activity at abrdn

In other news, insider Jason Windsor acquired 357,635 shares of the stock in a transaction on Wednesday, December 18th. The shares were purchased at an average price of GBX 139 ($1.79) per share, for a total transaction of £497,112.65 ($640,609.09). 2.41% of the stock is owned by company insiders.

abrdn Company Profile

(Get Free Report)

abrdn is a global investment company that helps clients and customers plan, save, and invest for the future.

Our purpose is to enable our clients to be better investors.

Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and interactive investor – focused on the changing needs of our clients.

The capabilities in our Investments business are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge.

Our Adviser business provides financial planning solutions and technology for UK financial advisers, enabling them to create value for their businesses and their clients.

interactive investor, the UK’s second largest direct-to-consumer investment platform, enables individuals in the UK to plan, save and invest in the way that works for them.

abrdn.com

The value of investments and the income from them can go down as well as up and investors may get back less than the amount invested.