Schroders (LON:SDR) Price Target Raised to GBX 420

Key Points

• Deutsche Bank has raised its price target for Schroders from GBX 400 to GBX 420, indicating a potential upside of 6.92% from the stock's previous close.
• Analysts have mixed reviews on Schroders, with two ratings of "Buy," four "Hold," and a consensus average price target of GBX 398.33.
• Schroders' recent trading saw the stock decrease by 0.3%, reaching GBX 392.80, with a current market capitalization of £6.09 billion.

Schroders (LON:SDR - Get Free Report) had its price target raised by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 400 to GBX 420 in a research note issued on Monday,Digital Look reports. The firm presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective suggests a potential upside of 6.92% from the stock's previous close.

Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. restated a "neutral" rating and issued a GBX 373 price target on shares of Schroders in a research note on Monday, July 7th. Citigroup upgraded Schroders to a "buy" rating and increased their target price for the company from GBX 420 to GBX 435 in a research note on Friday. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 435 target price on shares of Schroders in a research note on Wednesday, August 6th. Finally, Jefferies Financial Group reiterated a "hold" rating and set a GBX 390 target price on shares of Schroders in a research note on Friday, August 8th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of GBX 398.33.

Schroders Trading Down 0.3%

SDR traded down GBX 1 during midday trading on Monday, reaching GBX 392.80. 2,627,330 shares of the company's stock traded hands, compared to its average volume of 5,205,474. The firm has a fifty day moving average of GBX 383.32 and a two-hundred day moving average of GBX 362.71. The stock has a market capitalization of £6.09 billion, a price-to-earnings ratio of 1,761.43, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32. Schroders has a 52 week low of GBX 283.40 and a 52 week high of GBX 428.80.

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

Insider Buying and Selling

In other news, insider Richard Oldfield bought 68 shares of Schroders stock in a transaction dated Wednesday, September 10th. The shares were purchased at an average cost of GBX 372 per share, with a total value of £252.96. Insiders bought 379 shares of company stock worth $144,963 over the last quarter. 86.23% of the stock is owned by company insiders.

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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