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Schroder Oriental Income (LON:SOI) Sets New 52-Week High - Time to Buy?

Schroder Oriental Income logo with Finance background

Key Points

  • Schroder Oriental Income's stock reached a new 52-week high of GBX 316 ($4.30) during trading, up from a previous close of GBX 314 ($4.27).
  • Royal Bank Of Canada has reduced its price objective for the stock from GBX 310 to GBX 300 while maintaining an "outperform" rating.
  • The stock currently has a market cap of £721.84 million and an average consensus rating of "Buy."
  • Five stocks to consider instead of Schroder Oriental Income.

Schroder Oriental Income (LON:SOI - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 316 ($4.26) and last traded at GBX 315 ($4.24), with a volume of 126897 shares changing hands. The stock had previously closed at GBX 314 ($4.23).

Schroder Oriental Income Price Performance

The company has a 50-day moving average price of GBX 304.89 and a 200-day moving average price of GBX 283.04. The firm has a market capitalization of £719.55 million, a PE ratio of 962.30 and a beta of 0.67.

About Schroder Oriental Income

(Get Free Report)

Asian companies are increasingly world-leading and returning cash to shareholders. The Schroder Oriental Income Fund aims to tap into the Asian income story and help investors diversify their dividends.

See Also

Should You Invest $1,000 in Schroder Oriental Income Right Now?

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While Schroder Oriental Income currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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