abrdn (OTCMKTS:SLFPY) Upgraded by Citigroup to “Hold”

Citigroup upgraded shares of abrdn (OTCMKTS:SLFPY) to a hold rating in a research note issued to investors on Thursday, Zacks.com reports.

Separately, Barclays upgraded shares of abrdn to a strong sell rating in a report on Thursday.

abrdn Stock Performance

SLFPY stock opened at $8.22 on Thursday. abrdn has a 52 week low of $6.71 and a 52 week high of $9.42. The firm’s 50-day moving average is $7.90 and its two-hundred day moving average is $7.73.

abrdn Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, October 9th. Shareholders of record on Friday, August 16th were issued a dividend of $0.317 per share. The ex-dividend date of this dividend was Friday, August 16th.

abrdn Company Profile

abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.