Shares of Schroders plc (LON:SDR - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 342.16 ($4.64) and traded as high as GBX 369.60 ($5.01). Schroders shares last traded at GBX 368.39 ($5.00), with a volume of 3,742,759 shares trading hands.
Analysts Set New Price Targets
SDR has been the topic of a number of recent analyst reports. Canaccord Genuity Group reduced their price target on shares of Schroders from GBX 496 ($6.73) to GBX 337 ($4.57) and set a "hold" rating on the stock in a research report on Wednesday, April 30th. JPMorgan Chase & Co. restated a "neutral" rating and set a GBX 357 ($4.84) price target on shares of Schroders in a research report on Monday, May 19th. Deutsche Bank Aktiengesellschaft lifted their price objective on Schroders from GBX 375 ($5.09) to GBX 400 ($5.43) and gave the company a "hold" rating in a research report on Friday, March 7th. Finally, Royal Bank of Canada increased their target price on Schroders from GBX 395 ($5.36) to GBX 475 ($6.45) and gave the stock an "outperform" rating in a report on Thursday, March 20th.
Read Our Latest Stock Analysis on SDR
Schroders Price Performance
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 firm has a market capitalization of £5.52 billion, a P/E ratio of 15.54, a PEG ratio of 1.28 and a beta of 1.17. The company's 50 day moving average price is GBX 336.02 and its 200 day moving average price is GBX 342.16.
Insider Buying and Selling at Schroders
In other Schroders news, insider Richard Oldfield bought 68 shares of Schroders stock in a transaction dated Tuesday, June 10th. The shares were bought at an average price of GBX 371 ($5.03) per share, with a total value of £252.28 ($342.31). Corporate insiders own 43.09% of the company's stock.
Schroders Company Profile
(
Get Free Report)
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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