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Aberdeen Group ( (GB:ABDN) ) has provided an update.
Aberdeen Group plc has announced the conclusion of its audit tender process, resulting in the appointment of Ernst & Young LLP (EY) as its external auditor starting from the financial year ending 31 December 2027, pending shareholder approval. This decision follows a comprehensive tender process involving both large and challenger audit firms, adhering to the Financial Reporting Council Minimum Standard. KPMG LLP will continue as the Group’s auditor until the end of 2026, marking a decade of service, with the Board expressing gratitude for their contributions.
The most recent analyst rating on (GB:ABDN) stock is a Sell with a £1.64 price target. To see the full list of analyst forecasts on Aberdeen Group stock, see the GB:ABDN Stock Forecast page.
Spark’s Take on GB:ABDN Stock
According to Spark, TipRanks’ AI Analyst, GB:ABDN is a Outperform.
Aberdeen Group’s stock is rated at 74, driven by strong financial performance and bullish technical indicators. The company’s solid financial position and positive earnings call guidance support a positive outlook. However, valuation concerns and challenges in certain business segments slightly temper the score.
To see Spark’s full report on GB:ABDN stock, click here.
More about Aberdeen Group
Average Trading Volume: 4,333,014
Technical Sentiment Signal: Buy
Current Market Cap: £3.64B
For a thorough assessment of ABDN stock, go to TipRanks’ Stock Analysis page.