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

Schroders (LON:SDR)‘s stock had its “outperform” rating reiterated by analysts at Royal Bank Of Canada in a research note issued on Wednesday, Marketbeat.com reports. They presently have a GBX 435 ($5.85) price objective on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 10.13% from the company’s current price.

Several other research firms have also issued reports on SDR. Canaccord Genuity Group lowered their target price 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 note on Wednesday, April 30th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 373 ($5.02) price target on shares of Schroders in a report on Monday, July 7th. Deutsche Bank Aktiengesellschaft raised their price objective on Schroders from GBX 390 ($5.24) to GBX 400 ($5.38) and gave the company a “hold” rating in a report on Friday, August 1st. Finally, Citigroup restated a “neutral” rating on shares of Schroders in a research report on Monday. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 386.25 ($5.19).

Schroders Price Performance

Shares of LON SDR opened at GBX 395 ($5.31) on Wednesday. The stock has a market capitalization of £6.13 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.28 and a beta of 1.17. Schroders has a 12 month low of GBX 283.40 ($3.81) and a 12 month high of GBX 428.80 ($5.77). The firm’s 50 day simple moving average is GBX 377.27 and its 200-day simple moving average is GBX 359.79. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32.

Schroders (LON:SDR) last announced its quarterly earnings results on Thursday, July 31st. The company reported GBX 9.10 ($0.12) earnings per share (EPS) 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 EPS for the current year.

Insider Activity at Schroders

In related news, insider Richard Oldfield purchased 68 shares of Schroders stock in a transaction that occurred on Tuesday, June 10th. The stock was purchased at an average price of GBX 371 ($4.99) per share, for a total transaction of £252.28 ($339.27). Insiders have bought a total of 185 shares of company stock worth $70,039 over the last three months. 43.09% of the stock is 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.