UBS Group Reiterates Buy Rating for Schroders (LON:SDR)

Key Points

• UBS Group has reiterated a "buy" rating for Schroders (LON:SDR) with a target price of GBX 455, suggesting a potential upside of 21.53% from its current price.
• The overall consensus rating for Schroders stock among analysts is "Hold," with a consensus target price of GBX 406.43.
• Insider activity is notable, with 86.23% of Schroders shares currently held by insiders, including recent purchases by insider Richard Oldfield.

Schroders (LON:SDR - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at UBS Group in a research report issued on Friday,Digital Look reports. They presently have a GBX 455 target price on the stock. UBS Group's price target points to a potential upside of 21.53% from the stock's current price.

A number of other brokerages also recently issued reports on SDR. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 373 price target on shares of Schroders in a report on Monday, July 7th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Schroders from GBX 400 to GBX 420 and gave the stock a "hold" rating in a report on Monday, October 6th. Citigroup upgraded shares of Schroders to a "buy" rating and boosted their target price for the stock from GBX 420 to GBX 435 in a report on Friday, October 3rd. Jefferies Financial Group restated a "hold" rating and issued a GBX 390 target price on shares of Schroders in a report on Friday, August 8th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a GBX 435 target price on shares of Schroders in a report on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of GBX 406.43.

Schroders Stock Performance

Shares of LON SDR opened at GBX 374.40 on Friday. 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 £5.81 billion, a P/E ratio of 1,678.92, a P/E/G ratio of 1.28 and a beta of 1.17. The firm's fifty day moving average is GBX 384.22 and its two-hundred day moving average is GBX 364.46. Schroders has a 52-week low of GBX 283.40 and a 52-week high of GBX 428.80.

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

Insider Activity at Schroders

In other news, insider Richard Oldfield purchased 68 shares of the company's stock in a transaction that occurred on Wednesday, September 10th. The stock was purchased at an average cost of GBX 372 per share, with a total value of £252.96. Over the last three months, insiders have bought 374 shares of company stock worth $144,840. 86.23% of the stock is currently owned by insiders.

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.

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