Schroders (LON:SDR) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Schroders plc shares have crossed above their 200-day moving average of GBX 363.22 during recent trading, currently sitting at GBX 370 ($4.94).
• Analyst ratings for Schroders show a consensus of Hold with a target price around GBX 387, with highlights including a downgrade from Jefferies Financial Group and an upgrade from Deutsche Bank.
• Insider transactions reveal increasing confidence, as insiders have purchased 379 shares valued at approximately $144,963 over the last quarter, with a notable purchase by Richard Oldfield.

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 363.22 ($4.85) and traded as high as GBX 374.20 ($4.99). Schroders shares last traded at GBX 370 ($4.94), with a volume of 1,511,188 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on SDR shares. Jefferies Financial Group reiterated a "hold" rating and set a GBX 390 price target on shares of Schroders in a research note on Friday, August 8th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a GBX 373 price target on shares of Schroders in a research note on Monday, July 7th. Citigroup reiterated a "neutral" rating on shares of Schroders in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft boosted their target price on Schroders from GBX 390 to GBX 400 and gave the stock a "hold" rating in a research note on Friday, August 1st. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a GBX 435 target price on shares of Schroders in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of GBX 387.

Schroders Price Performance

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 company has a market cap of £5.74 billion, a P/E ratio of 1,659.19, a PEG ratio of 1.28 and a beta of 1.17. The business's fifty day moving average is GBX 386.35 and its 200 day moving average is GBX 363.22.

Schroders (LON:SDR - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported GBX 9.10 EPS for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. As a group, sell-side analysts anticipate that Schroders plc will post 33.7347131 EPS for the current year.

Insider Activity at Schroders

In related news, insider Richard Oldfield purchased 68 shares of the stock in a transaction that occurred on Wednesday, September 10th. The shares were bought at an average price of GBX 372 per share, with a total value of £252.96. Over the last quarter, insiders have purchased 379 shares of company stock valued at $144,963. Insiders own 86.23% of the company's stock.

About Schroders

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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