Goldman Sachs downgraded Aberdeen Asset Management (OTCMKTS:ABDNY) from Neutral to Sell in a report released today.
- Updated: September 27, 2016
Goldman Sachs has downgraded Aberdeen Asset Management (OTCMKTS:ABDNY) from Neutral to Sell in a report released on Tuesday September 27, 2016.
Yesterday Aberdeen Asset Management (OTCMKTS:ABDNY) traded -2.82% lower at $8.48. The company’s 50-day moving average is $8.56 and its 200-day moving average is $8.12. The last stock close price is up 1.49% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,229 shares of the stock were exchanged, down from an average trading volume of 142,834
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Aberdeen Asset Management has a 52 week low of $5.95 and a 52 week high of $11.37 with a P/E ratio of 19.33 The company’s market cap is currently $0.
General Information About Aberdeen Asset Management (OTCMKTS:ABDNY)
Aberdeen Asset Management PLC is a publicly owned asset management holding company. The firm provides its services to governments, national pension schemes, listed investment companies, foundations and charities, private banks and discretionary fund managers, and retail clients. Through its subsidiaries, it manages separate client focused equity, fixed income, and balanced portfolios. The firm also manages mutual funds for its clients. It invests in the public equity, fixed income, currency, and property markets across the globe. With real estate investments, it invests in properties in the Nordic growth regions. Through its subsidiaries, the firm employs fundamental analysis with a bottom-up stock picking approach to create its equity portfolio. It conducts in-house research to make its investments. Aberdeen Asset Management PLC was founded in 1983 and is based in Aberdeen, United Kingdom with additional offices across Singapore, Singapore and Boston, Massachusetts.
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