JPMorgan Chase & Co. Reiterates Neutral Rating for Schroders (LON:SDR)

Schroders (LON:SDR)‘s stock had its “neutral” rating reissued by equities research analysts at JPMorgan Chase & Co. in a research note issued on Monday, MarketBeat.com reports. They presently have a GBX 357 ($4.78) target price on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 2.41% from the company’s current price.

Several other equities analysts have also recently commented on SDR. Deutsche Bank Aktiengesellschaft increased their price target on shares of Schroders from GBX 375 ($5.02) to GBX 400 ($5.36) and gave the stock a “hold” rating in a research report on Friday, March 7th. Royal Bank of Canada increased their target price on Schroders from GBX 395 ($5.29) to GBX 475 ($6.36) and gave the stock an “outperform” rating in a report on Thursday, March 20th. Finally, Canaccord Genuity Group decreased their target price on Schroders from GBX 496 ($6.64) to GBX 337 ($4.51) and set a “hold” rating for the company in a research report on Wednesday, April 30th.

Schroders Stock Up 0.5%

Shares of Schroders stock opened at GBX 348.60 ($4.67) on Monday. Schroders has a 1-year low of GBX 283.40 ($3.80) and a 1-year high of GBX 428.80 ($5.74). The company has a market capitalization of £5.41 billion, a PE ratio of 15.22, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32. The business has a 50-day moving average of GBX 336.81 and a 200-day moving average of GBX 338.

Schroders (LON:SDR) last issued its quarterly earnings data on Friday, March 7th. The company reported GBX 26.40 ($0.35) earnings per share for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. As a group, equities analysts forecast that Schroders will post 33.7347131 EPS for the current fiscal year.

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.