The Goldman Sachs Group Downgrades Abrdn (OTCMKTS:SLFPY) to Hold

Abrdn (OTCMKTS:SLFPYGet Free Report) was downgraded by research analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Abrdn Stock Performance

OTCMKTS:SLFPY opened at $12.91 on Monday. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.11. Abrdn has a 1 year low of $9.90 and a 1 year high of $12.91. The stock’s 50 day simple moving average is $12.09 and its two-hundred day simple moving average is $11.53.

About Abrdn

(Get Free Report)

Abrdn plc is a global investment management company headquartered in Edinburgh, Scotland. Operating under the ticker OTCMKTS:SLFPY in the over-the-counter market, the firm delivers a broad range of financial products and services to institutional, wholesale and retail clients. Its offerings span equity, fixed income, multi-asset, real estate and private markets, with a focus on active management and thematic investing strategies.

The company’s core business activities include the management of pooled and segregated funds, advisory services and model portfolio solutions.

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