Shares of Schroders plc (LON:SDR - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 342.16 ($4.64) and traded as high as GBX 369.60 ($5.02). Schroders shares last traded at GBX 368.39 ($5.00), with a volume of 3,742,759 shares trading hands.
Analyst Ratings Changes
Several brokerages have weighed in on SDR. Royal Bank of Canada boosted their price target on Schroders from GBX 395 ($5.36) to GBX 475 ($6.45) and gave the company an "outperform" rating in a report on Thursday, March 20th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 357 ($4.84) price target on shares of Schroders in a report on Monday, May 19th. Deutsche Bank Aktiengesellschaft boosted their price target on Schroders from GBX 375 ($5.09) to GBX 400 ($5.43) and gave the company a "hold" rating in a report on Friday, March 7th. Finally, Canaccord Genuity Group cut their price target on Schroders from GBX 496 ($6.73) to GBX 337 ($4.57) and set a "hold" rating for the company in a report on Wednesday, April 30th.
Check Out Our Latest Report on Schroders
Schroders Trading Up 1.6%
The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95. The business's 50-day simple moving average is GBX 338.25 and its two-hundred day simple moving average is GBX 342.78. The company has a market capitalization of £5.61 billion, a PE ratio of 15.79, a PEG ratio of 1.28 and a beta of 1.17.
Insider Transactions at Schroders
In other Schroders news, insider Richard Oldfield bought 68 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were purchased at an average price of GBX 371 ($5.03) per share, with a total value of £252.28 ($342.35). Corporate insiders own 43.09% of the company's stock.
Schroders Company Profile
(
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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.
Further Reading
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