abrdn ( (GB:ABDN) ) has provided an announcement.
abrdn plc reported increased profits across its three business segments in 2024, driven by cost transformation and improved market conditions. The company is focusing on growth in the UK Wealth market and repositioning its investments to specialize in real assets, credit, and specialist equities. With new targets set for 2026, abrdn aims to enhance client experience and shareholder returns, while maintaining its dividend policy and improving capital generation.
More about abrdn
abrdn plc operates in the wealth and investments industry, focusing on wealth management and asset management services. The company is positioned in the UK Wealth market, with a strong presence in the direct-to-consumer (D2C) and adviser markets, and is working to enhance its capabilities in specialist asset management.
YTD Price Performance: 12.33%
Average Trading Volume: 3,386,426
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.83B
For a thorough assessment of ABDN stock, go to TipRanks’ Stock Analysis page.