Schroders (LON:SDR) Receives "Outperform" Rating from Royal Bank Of Canada

Key Points

• The Royal Bank of Canada has reaffirmed Schroders' stock with an "outperform" rating and set a price target of GBX 435 ($5.78), indicating a potential upside of 10.86% from its current price.
• Schroders has recently seen varied analyst ratings, with Citigroup maintaining a "neutral" rating and Canaccord Genuity reducing their price target to GBX 337 ($4.48) with a "hold" rating.
• Insider Richard Oldfield purchased 68 shares of Schroders at an average price of GBX 371 ($4.93) per share, reflecting a growing insider investment interest in the company.

Royal Bank Of Canada restated their outperform rating on shares of Schroders (LON:SDR - Free Report) in a report released on Wednesday, Marketbeat Ratings reports. Royal Bank Of Canada currently has a GBX 435 ($5.85) price target on the stock.

A number of other research analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft upped their price target on Schroders from GBX 390 ($5.25) to GBX 400 ($5.38) and gave the company a "hold" rating in a research report on Friday, August 1st. Canaccord Genuity Group decreased their price objective on shares of Schroders from GBX 496 ($6.67) to GBX 337 ($4.53) and set a "hold" rating on the stock in a research report on Wednesday, April 30th. Citigroup reaffirmed a "neutral" rating on shares of Schroders in a report on Monday. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 373 ($5.02) price objective on shares of Schroders in a report on Monday, July 7th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Schroders has an average rating of "Hold" and a consensus target price of GBX 387 ($5.21).

Schroders Price Performance

Shares of Schroders stock remained flat at GBX 396.60 ($5.33) during midday trading on Wednesday. The company had a trading volume of 2,638,272 shares, compared to its average volume of 4,782,660. The stock's fifty day moving average is GBX 378.10 and its two-hundred day moving average is GBX 360.26. 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 has a market capitalization of £6.15 billion, a price-to-earnings ratio of 17.32, a PEG ratio of 1.28 and a beta of 1.17. Schroders has a one year low of GBX 283.40 ($3.81) and a one year high of GBX 428.80 ($5.77).

Schroders (LON:SDR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported GBX 9.10 ($0.12) 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 forecast that Schroders will post 33.7347131 EPS for the current year.

Insider Activity

In related news, insider Richard Oldfield bought 68 shares of the company's stock in a transaction that occurred on Tuesday, June 10th. The stock was bought at an average cost of GBX 371 ($4.99) per share, for a total transaction of £252.28 ($339.31). In the last three months, insiders bought 185 shares of company stock valued at $70,039. 43.09% of the stock is currently owned by corporate insiders.

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.