Aberdeen Asian Income Fund (LON:AAIF) cover image
154 Reads (1 min read)

Brokers bullish on Aberdeen Asian Income Fund shares

13th Jan by Ben Hobson

The Aberdeen Asian Income Fund (LON:AAIF) share price has risen by 7.24% over the past month and it’s currently trading at 234.0928. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Aberdeen Asian Income Fund currently has:

  • 2 Buy recommendations
  • 0 Hold recommendations
  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

GET MORE DATA-DRIVEN INSIGHTS INTO LON:AAIF »

Researching beyond analyst forecasts

At its current price of 234.0928, shares in Aberdeen Asian Income Fund are trading at a discount of -2.47% to its 52 week high price. The 1-year performance of the shares has been 8.72%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Aberdeen Asian Income Fund it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Aberdeen Asian Income Fund that you can find out about here.

Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.

Share this article
As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.

Stockopedia is here to help individual investors beat the markets by being the very best in stock analysis, research & community. Take a 30 day free trial of our extensive multi-award winning service and find out why more than ten thousand global investors can't live without it.

© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.