Schroders (LON:SDR) Earns Neutral Rating from Citigroup

Key Points

• Citigroup has reissued a neutral rating for Schroders (LON:SDR), reflecting a cautious outlook from analysts.
• Analysts have mixed views on Schroders, with Canaccord Genuity lowering their price target while Royal Bank of Canada upgraded it, showcasing varied confidence in the stock.
• Schroders has a market cap of £5.96 billion and reported a net margin of 12.81%, indicating solid financial performance in the recent quarter.

Schroders (LON:SDR - Get Free Report)'s stock had its "neutral" rating reissued by analysts at Citigroup in a research note issued to investors on Monday,London Stock Exchange reports.

Several other analysts have also recently weighed in on SDR. Canaccord Genuity Group cut their price objective on Schroders from GBX 496 ($6.59) to GBX 337 ($4.47) and set a "hold" rating on the stock in a research report on Wednesday, April 30th. Royal Bank Of Canada lifted their price target on Schroders from GBX 390 ($5.18) to GBX 435 ($5.78) and gave the company an "outperform" rating in a research report on Thursday, July 10th. Deutsche Bank Aktiengesellschaft upped their price target on Schroders from GBX 390 ($5.18) to GBX 400 ($5.31) and gave the stock a "hold" rating in a research note on Friday. Finally, JPMorgan Chase & Co. reissued a "neutral" rating and set a GBX 373 ($4.95) price objective on shares of Schroders in a research report on Monday, July 7th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Schroders has an average rating of "Hold" and an average price target of GBX 386.25 ($5.13).

Schroders Stock Performance

LON:SDR opened at GBX 384.20 ($5.10) on Monday. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The firm's fifty day simple moving average is GBX 373.78 and its 200 day simple moving average is GBX 358.44. The stock has a market cap of £5.96 billion, a P/E ratio of 16.78, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. Schroders has a twelve month low of GBX 283.40 ($3.76) and a twelve month high of GBX 428.80 ($5.69).

Schroders (LON:SDR - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported GBX 9.10 ($0.12) EPS for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. As a group, research analysts predict that Schroders will post 33.7347131 EPS for the current year.

Insider Buying and Selling at Schroders

In related news, insider Richard Oldfield acquired 68 shares of Schroders stock in a transaction that occurred on Tuesday, June 10th. The stock was bought at an average price of GBX 371 ($4.93) per share, with a total value of £252.28 ($334.99). In the last quarter, insiders purchased 185 shares of company stock valued at $70,039. Corporate insiders own 43.09% of the company's stock.

Schroders Company Profile

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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