Schroders (LON:SDR) Given "Outperform" Rating at 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 reiterated their outperform rating on shares of Schroders (LON:SDR - Free Report) in a report released on Wednesday, Marketbeat reports. The brokerage currently has a GBX 435 ($5.85) price objective on the stock.

A number of other equities research analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Schroders from GBX 390 ($5.25) to GBX 400 ($5.38) and gave the company a "hold" rating in a research note on Friday, August 1st. Canaccord Genuity Group decreased their target price on shares of Schroders from GBX 496 ($6.67) to GBX 337 ($4.53) and set a "hold" rating for the company in a research note on Wednesday, April 30th. Citigroup reiterated a "neutral" rating on shares of Schroders in a research note on Monday, August 4th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and set a GBX 373 ($5.02) target price on shares of Schroders in a research note on Monday, July 7th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of GBX 387 ($5.21).

Schroders Stock Performance

SDR 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 has a market capitalization of £6.15 billion, a P/E ratio of 17.32, a PEG ratio of 1.28 and a beta of 1.17. Schroders has a fifty-two week low of GBX 283.40 ($3.81) and a fifty-two week high of GBX 428.80 ($5.77). 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 business has a 50 day simple moving average of GBX 378.10 and a 200-day simple moving average of GBX 360.46.

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

Insider Activity at Schroders

In related news, insider Richard Oldfield acquired 68 shares of Schroders stock in a transaction dated Tuesday, June 10th. The stock was purchased at an average cost of GBX 371 ($4.99) per share, for a total transaction of £252.28 ($339.31). In the last ninety days, insiders acquired 185 shares of company stock valued at $70,039. Corporate insiders own 43.09% of the company's stock.

Schroders Company Profile

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.