Schroders plc (LON:SDR - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 362.39 ($4.89) and traded as high as GBX 402.60 ($5.43). Schroders shares last traded at GBX 395.80 ($5.34), with a volume of 1,317,683 shares trading hands.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the company. Canaccord Genuity Group cut their price target on Schroders from GBX 496 to GBX 337 and set a "hold" rating for the company in a research note on Wednesday, April 30th. JPMorgan Chase & Co. reissued a "neutral" rating and set a GBX 373 target price on shares of Schroders in a research note on Monday, July 7th. Citigroup restated a "neutral" rating on shares of Schroders in a research note on Monday, August 4th. Jefferies Financial Group reissued a "hold" rating and issued a GBX 390 target price on shares of Schroders in a report on Friday, August 8th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Schroders from GBX 390 to GBX 400 and gave the company a "hold" rating in a research note on Friday, August 1st. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of GBX 387.
Get Our Latest Stock Analysis on SDR
Schroders Stock Performance
The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The stock has a market cap of £6.18 billion, a P/E ratio of 17.38, a PEG ratio of 1.28 and a beta of 1.17. The business has a 50 day moving average price of GBX 382.33 and a 200 day moving average price of GBX 363.12.
Schroders (LON:SDR - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported GBX 9.10 EPS for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. As a group, sell-side analysts expect that Schroders plc will post 33.7347131 EPS for the current year.
Insiders Place Their Bets
In related news, insider Richard Oldfield acquired 68 shares of the stock in a transaction on Tuesday, June 10th. The stock was bought at an average cost of GBX 371 per share, with a total value of £252.28. In the last three months, insiders have bought 297 shares of company stock worth $114,391. Company 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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