abrdn European Logistics Income PLC 5.9% potential upside indicated by RBC Capital Markets

abrdn European Logistics Income PLC with ticker (LON:ASLI) now has a potential upside of 5.9% according to RBC Capital Markets.



RBC Capital Markets set a target price of 80 GBX for the company, which when compared to the abrdn European Logistics Income PLC share price of 76 GBX at opening today (26/05/2023) indicates a potential upside of 5.9%. Trading has ranged between 66 (52 week low) and 108 (52 week high) with an average of 838,938 shares exchanging hands daily. The market capitalisation at the time of writing is £310,878,434.

abrdn European Logistics Income plc is a United Kingdom-based investment trust. The Company’s objective is to provide a regular income return together with the potential for long-term income and capital growth from investing in European logistics real estate. The Company aims to deliver the investment objective through investment in, and active asset management of, a diversified portfolio of logistics real estate assets in Europe. The Company is focused on investing in a portfolio of assets diversified by both geography and tenant throughout Europe, predominantly targeting well-located assets at established distribution hubs and within population centers. abrdn Fund Managers Limited is the Company’s alternative investment fund manager. abrdn Investments Ireland Limited acts as the investment manager of the Company.