Schroders (LON:SDR - Get Free Report) had its price objective lifted by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 390 ($5.15) to GBX 400 ($5.28) in a research note issued on Friday,Digital Look reports. The brokerage currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 4.60% from the stock's current price.
Other research analysts have also recently issued research reports about the stock. Canaccord Genuity Group dropped their price objective on shares of Schroders from GBX 496 ($6.55) to GBX 337 ($4.45) and set a "hold" rating for the company in a research report on Wednesday, April 30th. Royal Bank Of Canada boosted their price objective on shares of Schroders from GBX 390 ($5.15) to GBX 435 ($5.75) and gave the stock an "outperform" rating in a research report on Thursday, July 10th. Finally, JPMorgan Chase & Co. restated a "neutral" rating and issued a GBX 373 ($4.93) price objective on shares of Schroders in a research report on Monday, July 7th.
View Our Latest Analysis on SDR
Schroders Stock Down 2.2%
LON SDR opened at GBX 382.40 ($5.05) on Friday. 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 stock's 50 day moving average is GBX 372.99 and its two-hundred day moving average is GBX 357.40. The company has a market capitalization of £5.93 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 1.28 and a beta of 1.17. Schroders has a 1-year low of GBX 283.40 ($3.74) and a 1-year high of GBX 428.80 ($5.66).
Schroders (LON:SDR - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported GBX 9.10 ($0.12) earnings per share (EPS) for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. Equities analysts forecast that Schroders will post 33.7347131 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, insider Richard Oldfield bought 68 shares of Schroders stock in a transaction that occurred on Tuesday, June 10th. The stock was purchased at an average cost of GBX 371 ($4.90) per share, with a total value of £252.28 ($333.26). Over the last three months, insiders have acquired 185 shares of company stock valued at $70,039. 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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