Schroders (LON:SDR - Free Report) had its price target hoisted by Royal Bank Of Canada from GBX 390 ($5.30) to GBX 435 ($5.91) in a research report sent to investors on Thursday morning, MarketBeat.com reports. The firm currently has an outperform rating on the stock.
A number of other equities research analysts also recently weighed in on the company. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a GBX 373 ($5.07) price objective on shares of Schroders in a report on Monday. Canaccord Genuity Group decreased their price target on shares of Schroders from GBX 496 ($6.74) to GBX 337 ($4.58) and set a "hold" rating for the company in a report on Wednesday, April 30th.
Read Our Latest Research Report on SDR
Schroders Stock Up 2.0%
LON SDR traded up GBX 7.60 ($0.10) during trading on Thursday, hitting GBX 386.20 ($5.25). 2,936,463 shares of the company traded hands, compared to its average volume of 5,204,419. The company has a market capitalization of £5.99 billion, a P/E ratio of 16.87, a PEG ratio of 1.28 and a beta of 1.17. The business has a fifty day simple moving average of GBX 356.23 and a 200 day simple moving average of GBX 348.71. Schroders has a 12 month low of GBX 283.40 ($3.85) and a 12 month high of GBX 428.80 ($5.83). The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95.
Insider Buying and Selling at Schroders
In related news, insider Richard Oldfield acquired 68 shares of the company's stock in a transaction dated Tuesday, June 10th. The shares were purchased at an average price of GBX 371 ($5.04) per share, for a total transaction of £252.28 ($342.73). 43.09% of the stock is currently owned by corporate insiders.
About Schroders
(
Get Free Report)
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.
Featured Articles
Before you consider Schroders, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Schroders wasn't on the list.
While Schroders currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
