Schroders plc (LON:SDR) Given Average Rating of "Hold" by Brokerages

Key Points

• Schroders plc has received a consensus rating of "Hold" from seven brokerages, with four analysts recommending a hold and three issuing buy ratings.
• Recent price target adjustments include increases by Deutsche Bank to GBX 420 and Citigroup to GBX 435, indicating positive sentiment among some analysts.
• Insiders own 86.23% of Schroders' shares, with recent insider transactions indicating confidence in the company's stock value.

Schroders plc (LON:SDR - Get Free Report) has been assigned a consensus rating of "Hold" from the seven brokerages that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 409.57.

A number of research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price target on Schroders from GBX 400 to GBX 420 and gave the company a "hold" rating in a research note on Monday, October 6th. Citigroup upgraded Schroders to a "buy" rating and raised their price target for the company from GBX 420 to GBX 435 in a research note on Friday, October 3rd. UBS Group restated a "buy" rating and issued a GBX 455 price target on shares of Schroders in a research note on Friday, October 17th. Jefferies Financial Group restated a "hold" rating and issued a GBX 390 price target on shares of Schroders in a research note on Friday, August 8th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a GBX 435 price target on shares of Schroders in a research note on Wednesday, August 6th.

Insiders Place Their Bets

In related news, insider Richard Oldfield purchased 68 shares of the firm's stock in a transaction on Wednesday, September 10th. The stock was purchased at an average cost of GBX 372 per share, for a total transaction of £252.96. Insiders purchased 374 shares of company stock valued at $144,840 in the last ninety days. 86.23% of the stock is owned by company insiders.

Schroders Stock Down 0.1%

LON:SDR opened at GBX 377.01 on Wednesday. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90. The company has a market cap of £5.85 billion, a PE ratio of 16.91, a PEG ratio of 1.28 and a beta of 1.17. Schroders has a 52-week low of GBX 283.40 and a 52-week high of GBX 428.80. The stock has a 50-day simple moving average of GBX 382.93 and a 200 day simple moving average of GBX 365.56.

Schroders (LON:SDR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported GBX 9.10 earnings per share (EPS) for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. On average, sell-side analysts expect that Schroders will post 33.7347131 EPS for the current fiscal year.

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.

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