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 equities research analysts at Citigroup in a report released on Monday, MarketBeat reports.

SDR has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft lifted their target price on Schroders from GBX 390 ($5.24) to GBX 400 ($5.38) and gave the company a "hold" rating in a report on Friday, August 1st. Royal Bank Of Canada lifted their target price on Schroders from GBX 390 ($5.24) to GBX 435 ($5.85) and gave the company an "outperform" rating in a report on Thursday, July 10th. Canaccord Genuity Group decreased their target price on Schroders from GBX 496 ($6.67) to GBX 337 ($4.53) and set a "hold" rating for the company in a report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 373 ($5.02) target price on shares of Schroders in a report on Monday, July 7th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of GBX 387 ($5.20).

Schroders Stock Performance

SDR stock remained flat at GBX 396.60 ($5.33) during midday trading on Monday. The company's stock had a trading volume of 2,638,272 shares, compared to its average volume of 4,782,660. The company's fifty day simple moving average is GBX 377.27 and its 200-day simple moving average is GBX 359.79. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32. The stock has a market capitalization of £6.15 billion, a PE ratio of 17.32, a PEG ratio of 1.28 and a beta of 1.17. Schroders has a one year low of GBX 283.40 ($3.81) and a one year high of GBX 428.80 ($5.77).

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

Insider Buying and Selling at Schroders

In other news, insider Richard Oldfield purchased 68 shares of the stock in a transaction that occurred on Tuesday, June 10th. The shares were acquired at an average price of GBX 371 ($4.99) per share, for a total transaction of £252.28 ($339.27). In the last 90 days, insiders purchased 185 shares of company stock valued at $70,039. Corporate insiders own 43.09% of the company's stock.

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.