Citigroup Boosts abrdn (LON:ABDN) Price Target to GBX 172

Posted by Joseph McCarthy on Mar 7th, 2025

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

abrdn Stock Down 0.8 %

Shares of LON ABDN opened at GBX 174.60 ($2.25) on Thursday. The stock’s fifty day moving average is GBX 150.09 and its 200 day moving average is GBX 148.17. The stock has a market capitalization of £3.13 billion, a P/E ratio of 9.93, a PEG ratio of 12.70 and a beta of 1.25. The company has a debt-to-equity ratio of 12.25, a quick ratio of 24.97 and a current ratio of 225.80. abrdn has a 52 week low of GBX 130.50 ($1.68) and a 52 week high of GBX 186.48 ($2.40).

abrdn (LON:ABDN – Get Free Report) last released its quarterly earnings data 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%. Sell-side analysts forecast that abrdn will post 15.2266152 earnings per share for the current fiscal year.

Insider Activity at abrdn

In other news, insider Jason Windsor purchased 357,635 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average cost of GBX 139 ($1.79) per share, with a total value of £497,112.65 ($640,609.09). 2.41% of the stock is currently owned by 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.