Schroders (LON:SDR) Stock Rating Reaffirmed by Royal Bank of Canada

Schroders (LON:SDRGet Rating)‘s stock had its “sector perform” rating reiterated by research analysts at Royal Bank of Canada in a report issued on Wednesday, MarketBeat Ratings reports. They currently have a GBX 3,200 ($41.63) price objective on the stock. Royal Bank of Canada’s price objective points to a potential upside of 1.65% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. Morgan Stanley decreased their price objective on shares of Schroders from GBX 3,920 ($51.00) to GBX 3,720 ($48.40) and set an “equal weight” rating for the company in a report on Tuesday, March 29th. Barclays lifted their price objective on shares of Schroders from GBX 3,650 ($47.49) to GBX 3,750 ($48.79) and gave the stock an “equal weight” rating in a report on Thursday, March 3rd. Canaccord Genuity Group decreased their price objective on shares of Schroders from GBX 3,579 ($46.57) to GBX 3,544 ($46.11) and set a “hold” rating for the company in a report on Friday, January 28th. Finally, Citigroup reiterated a “neutral” rating on shares of Schroders in a research note on Monday, April 11th. Eight equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 3,637.71 ($47.33).

Schroders stock opened at GBX 3,148 ($40.96) on Wednesday. The company has a market cap of £8.89 billion and a PE ratio of 14.50. The company has a fifty day moving average price of GBX 3,159.63 and a two-hundred day moving average price of GBX 3,393.15. The company has a debt-to-equity ratio of 8.45, a current ratio of 1.35 and a quick ratio of 1.25. Schroders has a 12 month low of GBX 2,674 ($34.79) and a 12 month high of GBX 3,913 ($50.91).

In other Schroders news, insider Peter Harrison sold 4,606 shares of the firm’s stock in a transaction on Friday, March 4th. The stock was sold at an average price of GBX 2,894 ($37.65), for a total value of £133,297.64 ($173,429.14).

About Schroders (Get Rating)

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.

Recommended Stories

Analyst Recommendations for Schroders (LON:SDR)

Receive News & Ratings for Schroders Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroders and related companies with MarketBeat.com's FREE daily email newsletter.