Aberdeen Group's fair value estimate has edged higher to 224 GBp per share, driven by revised revenue growth and margin assumptions. Bullish analysts have set price targets in the mid-200 GBp range, with Deutsche Bank lifting its target to 265 GBp and maintaining a Buy rating, while Citi has also moved to a Buy rating with a 265 GBp target, citing potential upside not fully reflected in the current share price. JPMorgan retains an Overweight stance with a target of 241 GBp. However, several banks, including Morgan Stanley, have trimmed their targets, signaling caution around execution and valuation. The fair value adjustment reflects an increase in the revenue growth assumption to 102.28% and a slight rise in the net profit margin assumption to 16.64%.
Abrdn PLCFair value estimate raised to 224 GBp, with bullish analyst revisions from Deutsche Bank and Citi
Deutsche Bank Aktiengesellschaft
Morgan Stanley
Citigroup Inc.
JPMorgan Chase & Co