Abrdn (OTCMKTS:SLFPY) Lowered to “Hold” Rating by The Goldman Sachs Group

The Goldman Sachs Group cut shares of Abrdn (OTCMKTS:SLFPYFree Report) from a strong-buy rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

Abrdn Price Performance

SLFPY stock opened at $12.91 on Monday. The company’s 50 day moving average price is $12.09 and its 200 day moving average price is $11.53. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.10 and a current ratio of 2.10. Abrdn has a fifty-two week low of $9.90 and a fifty-two week high of $12.91.

Abrdn Company Profile

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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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