Schroders (LON:SDR) Insider Meagen Burnett Acquires 52 Shares of Stock

Schroders plc (LON:SDR) insider Meagen Burnett bought 52 shares of the stock in a transaction on Monday, November 10th. The stock was acquired at an average price of GBX 389 per share, with a total value of £202.28.

Meagen Burnett also recently made the following trade(s):

• On Friday, October 10th, Meagen Burnett purchased 50 shares of Schroders stock. The shares were acquired at an average price of GBX 399 per share, for a total transaction of £199.50.
• On Wednesday, September 10th, Meagen Burnett acquired 54 shares of Schroders stock. The shares were bought at an average cost of GBX 372 per share, with a total value of £200.88.

Schroders Stock Performance

LON:SDR opened at GBX 392.40 on Wednesday. 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 plc has a twelve month low of GBX 283.40 and a twelve month high of GBX 428.80. The company has a fifty day moving average of GBX 380.96 and a 200-day moving average of GBX 374.15. The firm has a market capitalization of £6.08 billion, a P/E ratio of 17.60, a P/E/G ratio of 1.28 and a beta of 1.17.

Wall Street Analyst Weigh In

SDR has been the topic of several research reports. Citigroup dropped their price objective on shares of Schroders from GBX 435 to GBX 430 and set a “buy” rating on the stock in a report on Friday, October 24th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 390 target price on shares of Schroders in a research report on Friday, August 8th. UBS Group reaffirmed a “buy” rating and set a GBX 455 price target on shares of Schroders in a research note on Friday, October 17th. Royal Bank Of Canada raised their price objective on Schroders from GBX 435 to GBX 440 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Schroders from GBX 400 to GBX 420 and gave the stock a “hold” rating in a research report on Monday, October 6th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of GBX 409.57.

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.