Richard Oldfield Buys 62 Shares of Schroders (LON:SDR) Stock

Key Points

• Richard Oldfield, an insider at Schroders plc, purchased 62 shares at an average price of GBX 399 on October 10th, increasing his stake in the company.
• Analysts have revised price targets for Schroders stock, with Citigroup raising their price objective from GBX 420 to GBX 435, reflecting growing confidence in the company.
• Schroders has a current market capitalization of £6.17 billion and reported a 12.81% net margin, indicating strong profitability performance.

Schroders plc (LON:SDR - Get Free Report) insider Richard Oldfield purchased 62 shares of the firm's stock in a transaction dated Friday, October 10th. The stock was acquired at an average price of GBX 399 per share, with a total value of £247.38.

Richard Oldfield also recently made the following trade(s):

• On Wednesday, September 10th, Richard Oldfield acquired 68 shares of Schroders stock. The stock was purchased at an average cost of GBX 372 per share, with a total value of £252.96.
• On Monday, August 11th, Richard Oldfield acquired 62 shares of Schroders stock. The stock was purchased at an average cost of GBX 396 per share, with a total value of £245.52.

Schroders Stock Performance

Shares of SDR traded up GBX 2.60 during trading hours on Monday, hitting GBX 398. The stock had a trading volume of 5,781,082 shares, compared to its average volume of 5,167,726. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32. Schroders plc has a 12 month low of GBX 283.40 and a 12 month high of GBX 428.80. The firm has a market capitalization of £6.17 billion, a PE ratio of 1,784.75, a PEG ratio of 1.28 and a beta of 1.17. The stock has a fifty day moving average price of GBX 383.88 and a 200 day moving average price of GBX 363.44.

Schroders (LON:SDR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported GBX 9.10 EPS for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. Analysts anticipate that Schroders plc will post 33.7347131 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SDR. Citigroup raised Schroders to a "buy" rating and upped their price objective for the stock from GBX 420 to GBX 435 in a research note on Friday, October 3rd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 435 price objective on shares of Schroders in a research note on Wednesday, August 6th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a GBX 373 price objective on shares of Schroders in a research note on Monday, July 7th. Deutsche Bank Aktiengesellschaft boosted their target price on Schroders from GBX 400 to GBX 420 and gave the stock a "hold" rating in a research report on Monday, October 6th. Finally, Jefferies Financial Group reiterated a "hold" rating and issued a GBX 390 target price on shares of Schroders in a research report on Friday, August 8th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of GBX 398.33.

About Schroders

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.

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