Schroders (LON:SDR) Earns Buy Rating from UBS Group

Schroders (LON:SDR)‘s stock had its “buy” rating reiterated by equities research analysts at UBS Group in a report released on Friday, MarketBeat Ratings reports. They presently have a GBX 455 price objective on the stock. UBS Group’s target price points to a potential upside of 21.59% from the company’s previous close.

A number of other research firms have also recently weighed in on SDR. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 373 price target on shares of Schroders in a report on Monday, July 7th. Jefferies Financial Group restated a “hold” rating and issued a GBX 390 target price on shares of Schroders in a research note on Friday, August 8th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Schroders from GBX 400 to GBX 420 and gave the stock a “hold” rating in a research report on Monday, October 6th. Citigroup raised shares of Schroders to a “buy” rating and increased their price objective for the stock from GBX 420 to GBX 435 in a report on Friday, October 3rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 435 target price on shares of Schroders in a research note on Wednesday, August 6th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Schroders currently has a consensus rating of “Hold” and an average price target of GBX 406.43.

Schroders Trading Down 4.0%

Shares of SDR stock opened at GBX 374.20 on Friday. The company has a market capitalization of £5.80 billion, a P/E ratio of 1,678.03, a P/E/G ratio of 1.28 and a beta of 1.17. Schroders has a 12-month low of GBX 283.40 and a 12-month high of GBX 428.80. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The firm has a 50-day moving average price of GBX 383.77 and a 200 day moving average price of GBX 364.79.

Schroders (LON:SDR) last posted its quarterly earnings data on Thursday, July 31st. The company reported GBX 9.10 earnings per share for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. Research analysts forecast that Schroders will post 33.7347131 earnings per share for the current fiscal year.

Insider Activity

In other Schroders news, insider Richard Oldfield purchased 68 shares of the company’s stock in a transaction dated Wednesday, September 10th. The shares were bought at an average price of GBX 372 per share, with a total value of £252.96. Insiders bought 374 shares of company stock valued at $144,840 in the last ninety days. 86.23% of the stock is owned by corporate insiders.

About Schroders

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.