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 351.87 ($4.72) and traded as high as GBX 393.20 ($5.27). Schroders shares last traded at GBX 392 ($5.26), with a volume of 1,765,760 shares changing hands.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on SDR. Canaccord Genuity Group cut their price target on shares of Schroders from GBX 496 ($6.65) to GBX 337 ($4.52) and set a "hold" rating for the company in a report on Wednesday, April 30th. Royal Bank Of Canada increased their price target on shares of Schroders from GBX 390 ($5.23) to GBX 435 ($5.84) and gave the stock an "outperform" rating in a research report on Thursday, July 10th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 373 ($5.00) price target on shares of Schroders in a research note on Monday, July 7th.
Read Our Latest Report on SDR
Schroders Stock Up 1.0%
The company has a market capitalization of £6.25 billion, a PE ratio of 17.58, a P/E/G ratio of 1.28 and a beta of 1.17. The stock has a 50-day moving average of GBX 363.85 and a 200 day moving average of GBX 352.79. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95.
Insider Buying and Selling
In other Schroders news, insider Richard Oldfield acquired 68 shares of the business's stock in a transaction on Tuesday, June 10th. The stock was bought at an average price of GBX 371 ($4.98) per share, for a total transaction of £252.28 ($338.40). Insiders have acquired 185 shares of company stock valued at $70,039 over the last 90 days. 43.09% of the stock is currently owned by corporate insiders.
About Schroders
(
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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