Schroders (LON:SDR - Get Free Report) had its price objective decreased by equities research analysts at Canaccord Genuity Group from GBX 496 ($6.58) to GBX 337 ($4.47) in a report issued on Wednesday, MarketBeat.com reports. The firm currently has a "hold" rating on the stock. Canaccord Genuity Group's price objective suggests a potential upside of 1.81% from the company's previous close.
Several other equities analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Schroders from GBX 375 ($4.97) to GBX 400 ($5.31) and gave the company a "hold" rating in a report on Friday, March 7th. Royal Bank of Canada lifted their price objective on Schroders from GBX 395 ($5.24) to GBX 475 ($6.30) and gave the stock an "outperform" rating in a research note on Thursday, March 20th.
Check Out Our Latest Report on Schroders
Schroders Price Performance
LON SDR traded down GBX 1.60 ($0.02) during trading hours on Wednesday, reaching GBX 331 ($4.39). 4,797,657 shares of the company's stock were exchanged, compared to its average volume of 6,673,008. The firm has a fifty day moving average of GBX 346.94 and a 200-day moving average of GBX 339.66. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95. Schroders has a one year low of GBX 283.40 ($3.76) and a one year high of GBX 428.80 ($5.69). The stock has a market cap of £5.14 billion, a PE ratio of 14.46, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17.
Schroders (LON:SDR - Get Free Report) last released its quarterly earnings results on Friday, March 7th. The company reported GBX 26.40 ($0.35) EPS for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. On average, equities research analysts predict that Schroders will post 33.7347131 earnings per share for the current fiscal year.
About Schroders
(
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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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