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Schroders (OTCMKTS:SHNWF) Reaches New 1-Year High - Here's Why

Schroders logo with Finance background

Shares of Schroders plc (OTCMKTS:SHNWF - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $5.45 and last traded at $4.55, with a volume of 2000 shares traded. The stock had previously closed at $4.65.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Barclays reissued an "overweight" rating on shares of Schroders in a research note on Friday, March 7th. Royal Bank of Canada upgraded shares of Schroders from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, February 5th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Schroders in a research report on Friday, March 7th.

View Our Latest Stock Analysis on Schroders

Schroders Trading Up 5.5%

The stock's fifty day simple moving average is $4.09 and its 200-day simple moving average is $4.24.

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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