Schroders plc (LON:SDR) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts have given Schroders plc a consensus recommendation of "Hold", with five analysts rating the stock as such and one giving it a buy rating, alongside an average price target of GBX 387.
• Insider Richard Oldfield recently purchased 68 shares at GBX 372 per share, indicative of confidence in the company as insiders own a significant 86.23% of its stock.
• Schroders' stock price increased by 0.6% recently, with current trading around GBX 372.20, amidst diverse price targets from other firms ranging from GBX 373 to GBX 435.

Schroders plc (LON:SDR - Get Free Report) has earned an average recommendation of "Hold" from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 387.

Several analysts recently commented on SDR shares. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 390 target price on shares of Schroders in a report on Friday, August 8th. Deutsche Bank Aktiengesellschaft raised their price objective on Schroders from GBX 390 to GBX 400 and gave the company a "hold" rating in a report on Friday, August 1st. Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 435 price objective on shares of Schroders in a report on Wednesday, August 6th. JPMorgan Chase & Co. restated a "neutral" rating and issued a GBX 373 target price on shares of Schroders in a research report on Monday, July 7th. Finally, Citigroup restated a "neutral" rating on shares of Schroders in a research report on Monday, August 4th.

Insider Buying and Selling at Schroders

In related news, insider Richard Oldfield purchased 68 shares of the business's stock in a transaction on Wednesday, September 10th. The shares were bought at an average price of GBX 372 per share, for a total transaction of £252.96. Insiders acquired 379 shares of company stock valued at $144,963 over the last ninety days. Insiders own 86.23% of the company's stock.

Schroders Stock Up 0.6%

Schroders stock opened at GBX 372.20 on Friday. The firm has a market cap of £5.77 billion, a price-to-earnings ratio of 1,669.06, a price-to-earnings-growth 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 business's 50-day moving average price is GBX 385.83 and its 200 day moving average price is GBX 363.10. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95.

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