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UK's Aberdeen hits highest since August 2023 after JPMorgan upgrade

ReutersJun 10, 2025 7:43 AM
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British asset manager Aberdeen Group ABDN.L jumps 6% to 195p, highest since August 2023

Stock top performer on FTSE 250 mid-cap index .FTMC; set for fourth straight session of gains

J.P.Morgan upgrades to "overweight" from "neutral"; raises PT to 218p from 164p

Says co seeing improved fund flows, strong momentum at its standalone digital investment platform "interactive investor" and rising customer and SIPP growth, which could boost treasury income and EPS

Stock rated "hold" on avg; median PT is 152.5p, per LSEG-compiled data

YTD, ABDN gains ~36%

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