Schroders (LON:SDR) Stock Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Schroders plc shares have recently surpassed their 200-day moving average with a last trading price of GBX 403 ($5.42), indicating a positive trend in stock performance.
• Analysts have varied opinions on Schroders, with target price adjustments from firms like JPMorgan, Canaccord Genuity, and Royal Bank of Canada, reflecting a mix of caution and optimism.
• Insider transactions showed that corporate insiders, including Richard Oldfield, have been actively purchasing shares, suggesting confidence in the company's future prospects.

Schroders plc (LON:SDR - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 355.18 ($4.75) and traded as high as GBX 406.40 ($5.43). Schroders shares last traded at GBX 403 ($5.38), with a volume of 1,861,360 shares changing hands.

Analyst Upgrades and Downgrades

SDR has been the topic of several analyst reports. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 373 ($4.98) price objective on shares of Schroders in a report on Monday, July 7th. Royal Bank Of Canada increased their target price on shares of Schroders from GBX 390 ($5.21) to GBX 435 ($5.81) and gave the stock an "outperform" rating in a research note on Thursday, July 10th. Finally, Canaccord Genuity Group decreased their price target on shares of Schroders from GBX 496 ($6.63) to GBX 337 ($4.50) and set a "hold" rating for the company in a research report on Wednesday, April 30th.

Schroders Price Performance

The firm has a market cap of £6.09 billion, a P/E ratio of 17.13, a PEG ratio of 1.28 and a beta of 1.17. The business's fifty day simple moving average is GBX 370.39 and its 200-day simple moving average is GBX 356.37. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95.

Insider Transactions at Schroders

In other news, insider Richard Oldfield purchased 68 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were acquired at an average cost of GBX 371 ($4.96) per share, with a total value of £252.28 ($337.05). In the last ninety days, insiders acquired 185 shares of company stock valued at $70,039. Corporate insiders own 43.09% of the company's stock.

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.