abrdn (LON:ABDN) Insider Torbjörn Magnusson Acquires 80,670 Shares

abrdn plc (LON:ABDN) insider Torbjörn Magnusson purchased 80,670 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The stock was bought at an average cost of GBX 245 per share, for a total transaction of £197,641.50.

abrdn Price Performance

Shares of LON ABDN traded up GBX 5.19 during mid-day trading on Tuesday, reaching GBX 251.99. 9,577,509 shares of the company traded hands, compared to its average volume of 22,370,334. The firm has a market cap of £4.51 billion, a PE ratio of 12.06, a price-to-earnings-growth ratio of 12.70 and a beta of 1.40. The company has a debt-to-equity ratio of 10.77, a current ratio of 327.40 and a quick ratio of 24.97. abrdn plc has a fifty-two week low of GBX 179.60 and a fifty-two week high of GBX 265. The stock has a fifty day simple moving average of GBX 247.04 and a 200-day simple moving average of GBX 230.21.

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

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 270 target price on shares of abrdn in a research report on Friday, July 31st. Jefferies Financial Group reissued a “hold” rating and set a GBX 210 price objective on shares of abrdn in a report on Thursday, July 30th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, abrdn currently has a consensus rating of “Hold” and a consensus price target of GBX 226.50.

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.