Schroders plc (LON:SDR - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 362.39 ($4.86) and traded as high as GBX 402.60 ($5.40). Schroders shares last traded at GBX 395.80 ($5.31), with a volume of 1,317,683 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. Citigroup reaffirmed a "neutral" rating on shares of Schroders in a research note on Monday, August 4th. Royal Bank Of Canada restated an "outperform" rating and set a GBX 435 price target on shares of Schroders in a report on Wednesday, August 6th. Canaccord Genuity Group cut their price target on shares of Schroders from GBX 496 to GBX 337 and set a "hold" rating on the stock in a report on Wednesday, April 30th. Jefferies Financial Group restated a "hold" rating and set a GBX 390 price target on shares of Schroders in a report on Friday, August 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Schroders from GBX 390 to GBX 400 and gave the stock a "hold" rating in a report 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 stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of GBX 387.
Get Our Latest Research Report on Schroders
Schroders Trading Down 2.0%
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 stock has a market capitalization of £6.05 billion, a PE ratio of 17.04, a PEG ratio of 1.28 and a beta of 1.17. The stock's 50 day simple moving average is GBX 383.35 and its two-hundred day simple moving average is GBX 363.63.
Schroders (LON:SDR - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported GBX 9.10 earnings per share for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. On average, sell-side analysts expect that Schroders plc will post 33.7347131 EPS for the current year.
Insider Buying and Selling at Schroders
In related news, insider Richard Oldfield bought 68 shares of Schroders stock in a transaction dated Tuesday, June 10th. The stock was purchased at an average cost of GBX 371 per share, with a total value of £252.28. Over the last ninety days, insiders have purchased 297 shares of company stock worth $114,391. 43.09% of the stock is owned by corporate insiders.
About Schroders
(
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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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