Aberdeen Group

Someone who invested 1,000 GBP in Aberdeen Group ten years ago (share price then 2.88 GBP) would today hold 347.222 shares; at a closing price of 2.46 GBP on 21 July 2026 the position would be worth 852.78 GBP, a decline of 14.72 percent. Aberdeen Group most recently reported a market capitalization of 4.42 billion GBP. Calculation does not take into account stock splits and dividends. » Więcej na finanzen.net

Citigroup raised its rating for Aberdeen from "Neutral" to "Buy" and increased the price target from 225 pence to 265 pence. The stock then rose 3.6% to 234.2 pence; the new target implies upside of around 17.2% versus the previous close. Citigroup cited stronger performance relative to traditional asset managers, potential earnings surprises, rerating opportunities in core areas and attractive optionality as reasons for the decision. » Więcej na de.investing.com

Aberdeen will take over the investment management of the Herald Investment Trust in the third quarter of 2026 and plans a takeover offer for up to 66% of the issued share capital. Saba Capital Management has agreed to tender its entire stake and has entered into a three-year lock-up agreement with Aberdeen. Eight staff, including manager Katie Potts, are expected to move to Aberdeen; the transaction includes funds with around £1.6bn of assets under management and contains an option for up to eight additional trusts representing about £12.5bn in total. The move is subject to required approvals and final transitional agreements. » Więcej na de.investing.com