Schroders (LON:SDR) Given Hold Rating at Jefferies Financial Group

Key Points

• Jefferies Financial Group has reaffirmed a "hold" rating for Schroders (SDR) with a price target of GBX 390 ($5.24), indicating a potential downside of 1.10% from its current price.
• Several analysts, including Citigroup and JPMorgan, have given Schroders a "neutral" rating, while Royal Bank of Canada has an "outperform" rating with a price target of GBX 435 ($5.85).
• Schroders reported a net margin of 12.81% in its last quarterly earnings, with forecasted earnings per share for the current year at approximately 33.73.

Schroders (LON:SDR - Get Free Report)'s stock had its "hold" rating reissued by Jefferies Financial Group in a note issued to investors on Friday, Marketbeat reports. They presently have a GBX 390 ($5.24) target price on the stock. Jefferies Financial Group's target price suggests a potential downside of 1.96% from the stock's current price.

A number of other research analysts have also issued reports on the company. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a GBX 373 ($5.01) target price on shares of Schroders in a report on Monday, July 7th. Citigroup reissued a "neutral" rating on shares of Schroders in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft boosted their price objective on Schroders from GBX 390 ($5.24) to GBX 400 ($5.37) and gave the stock a "hold" rating in a research note on Friday, August 1st. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 435 ($5.84) price objective on shares of Schroders in a report on Wednesday, August 6th. Finally, Canaccord Genuity Group reduced their price objective on Schroders from GBX 496 ($6.66) to GBX 337 ($4.53) and set a "hold" rating for the company in a research report on Wednesday, April 30th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Schroders has an average rating of "Hold" and a consensus target price of GBX 387 ($5.20).

Schroders Price Performance

Shares of Schroders stock traded down GBX 0.60 ($0.01) on Friday, hitting GBX 397.80 ($5.34). The company's stock had a trading volume of 1,380,203 shares, compared to its average volume of 4,736,815. Schroders has a 52-week low of GBX 283.40 ($3.81) and a 52-week high of GBX 428.80 ($5.76). The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The firm has a fifty day moving average price of GBX 378.84 and a 200-day moving average price of GBX 361.10. The company has a market capitalization of £6.17 billion, a P/E ratio of 17.37, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17.

Schroders (LON:SDR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported GBX 9.10 ($0.12) earnings per share for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. On average, equities research analysts expect that Schroders will post 33.7347131 earnings per share for the current fiscal year.

Insider Transactions at Schroders

In related news, insider Richard Oldfield purchased 68 shares of Schroders stock in a transaction that occurred on Tuesday, June 10th. The shares were acquired at an average price of GBX 371 ($4.98) per share, with a total value of £252.28 ($338.86). Insiders purchased a total of 185 shares of company stock worth $70,039 over the last 90 days. Corporate insiders own 43.09% of the company's stock.

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.