Aberdeen Asset Mgt Unspon (ABDNY) Receives Consensus Rating of “Hold” from Brokerages
Aberdeen Asset Mgt Unspon (NASDAQ:ABDNY) has been given an average rating of “Hold” by the ten ratings firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $9.50.
Several equities analysts recently commented on the stock. Zacks Investment Research upgraded shares of Aberdeen Asset Mgt Unspon from a “hold” rating to a “buy” rating and set a $9.50 price target on the stock in a report on Tuesday, August 29th. HSBC Holdings plc upgraded shares of Aberdeen Asset Mgt Unspon from a “hold” rating to a “buy” rating in a report on Friday, July 14th. Finally, Royal Bank Of Canada upgraded shares of Aberdeen Asset Mgt Unspon from a “sector perform” rating to an “outperform” rating in a report on Tuesday, July 4th.
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Aberdeen Asset Mgt Unspon (NASDAQ ABDNY) opened at 8.31 on Wednesday. The stock’s 50 day moving average price is $8.37 and its 200-day moving average price is $7.45. The company has a market capitalization of $5.34 billion and a PE ratio of 23.74. Aberdeen Asset Mgt Unspon has a 52 week low of $6.06 and a 52 week high of $8.95.
About Aberdeen Asset Mgt Unspon
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