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Aberdeen Group (ABDN) Receives a Buy from Goldman Sachs

Aberdeen Group (ABDN) Receives a Buy from Goldman Sachs

In a report released on July 8, Oliver Carruthers from Goldman Sachs reiterated a Buy rating on Aberdeen Group, with a price target of p215.00. The company's shares closed yesterday at p192.30.
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Carruthers covers the Financial sector, focusing on stocks such as Aberdeen Group, flatexDEGIRO AG, and DWS Group GmbH & Co KGaA. According to TipRanks, Carruthers has an average return of 3.1% and a 54.95% success rate on recommended stocks.
In addition to Goldman Sachs, Aberdeen Group also received a Buy from J.P. Morgan's Enrico Bolzoni in a report issued on July 7. However, on July 10, RBC Capital maintained a Sell rating on Aberdeen Group (LSE: ABDN).
Based on Aberdeen Group's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p732 million and a net profit of p72 million. In comparison, last year the company earned a revenue of p711 million and had a net profit of p152 million
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