Aberdeen Asset Mgt Unspon (NASDAQ:ABDNY) Given Consensus Recommendation of “Hold” by Brokerages
Aberdeen Asset Mgt Unspon (NASDAQ:ABDNY) has been assigned a consensus rating of “Hold” from the twelve analysts that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $8.75.
Several analysts recently issued reports on ABDNY shares. Berenberg Bank started coverage on Aberdeen Asset Mgt Unspon in a report on Thursday, June 15th. They set a “hold” rating for the company. Royal Bank Of Canada raised shares of Aberdeen Asset Mgt Unspon from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, July 4th. Zacks Investment Research raised shares of Aberdeen Asset Mgt Unspon from a “hold” rating to a “buy” rating and set a $8.75 target price on the stock in a research report on Wednesday, July 12th. Finally, HSBC Holdings plc raised shares of Aberdeen Asset Mgt Unspon from a “hold” rating to a “buy” rating in a research report on Friday, July 14th.
Shares of Aberdeen Asset Mgt Unspon (NASDAQ ABDNY) opened at 8.41 on Friday. The stock has a 50 day moving average price of $8.17 and a 200 day moving average price of $7.29. Aberdeen Asset Mgt Unspon has a 12 month low of $6.06 and a 12 month high of $8.95. The stock has a market cap of $5.40 billion and a P/E ratio of 24.03.
Aberdeen Asset Mgt Unspon Company Profile
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