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

Key Points

• Schroders plc's stock has surpassed its 200-day moving average after trading as high as GBX 373.80 ($5.06) on Tuesday.
• Analysts have mixed ratings for Schroders, with one Buy rating, four Hold ratings, and an average price target of GBX 387.
• The company reported a quarterly earnings per share (EPS) of GBX 9.10 and a net margin of 12.81%, indicating strong financial performance.

Schroders plc (LON:SDR - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 363.84 ($4.94) and traded as high as GBX 373.80 ($5.07). Schroders shares last traded at GBX 373.80 ($5.07), with a volume of 1,464,669 shares traded.

Analyst Upgrades and Downgrades

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

Schroders Stock Performance

The firm has a market capitalization of £5.82 billion, a P/E ratio of 1,684.30, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. 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 firm's 50-day simple moving average is GBX 387.62 and its 200-day simple moving average is GBX 363.81.

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

Insider Activity at Schroders

In other Schroders news, insider Richard Oldfield purchased 68 shares of the firm's stock in a transaction on Wednesday, September 10th. The shares were purchased at an average cost of GBX 372 per share, with a total value of £252.96. Insiders have purchased 379 shares of company stock worth $144,963 over the last quarter. Company 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.