Schroders (LON:SDR) Price Target Raised to GBX 395 at JPMorgan Chase & Co.

Schroders (LON:SDR) had its price target increased by JPMorgan Chase & Co. from GBX 386 to GBX 395 in a research note published on Monday, Marketbeat.com reports. The brokerage currently has a neutral rating on the stock.

Several other analysts have also commented on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 435 price objective on shares of Schroders in a report on Wednesday, August 6th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 390 price objective on shares of Schroders in a report on Friday, August 8th. Citigroup upgraded Schroders to a “buy” rating and increased their price objective for the company from GBX 420 to GBX 435 in a report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft increased their price objective on Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a report on Monday, October 6th. Finally, UBS Group reiterated a “buy” rating and set a GBX 455 price objective on shares of Schroders in a report on Friday. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 409.57.

Schroders Stock Up 0.9%

Shares of LON:SDR opened at GBX 377.40 on Monday. Schroders has a 52-week low of GBX 283.40 and a 52-week high of GBX 428.80. The stock has a market cap of £5.85 billion, a P/E ratio of 16.92, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The business’s 50 day moving average is GBX 383.35 and its 200 day moving average is GBX 365.48. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95.

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

Insider Transactions at Schroders

In other news, insider Richard Oldfield bought 68 shares of Schroders stock in a transaction that occurred on Wednesday, September 10th. The stock was bought at an average price of GBX 372 per share, for a total transaction of £252.96. In the last ninety days, insiders acquired 374 shares of company stock valued at $144,840. Company insiders own 86.23% of the company’s stock.

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.