Schroders plc (LON:SDR) Given Consensus Recommendation of “Hold” by Analysts

Shares of Schroders plc (LON:SDR) have earned an average rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 409.57.

A number of analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of Schroders from GBX 386 to GBX 395 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Royal Bank Of Canada increased their price objective on shares of Schroders from GBX 435 to GBX 440 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Citigroup cut their target price on shares of Schroders from GBX 435 to GBX 430 and set a “buy” rating on the stock in a research note on Friday, October 24th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a report on Monday, October 6th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 390 price target on shares of Schroders in a report on Friday, August 8th.

Insider Activity

In related news, insider Richard Oldfield bought 68 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The shares were acquired at an average cost of GBX 372 per share, for a total transaction of £252.96. Insiders bought a total of 350 shares of company stock valued at $134,720 in the last ninety days. 84.44% of the stock is currently owned by company insiders.

Schroders Stock Performance

Shares of LON:SDR opened at GBX 393 on Friday. The business has a 50-day moving average of GBX 382.62 and a two-hundred day moving average of GBX 375.26. The firm has a market capitalization of £6.09 billion, a PE ratio of 17.62, 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. Schroders has a 12 month low of GBX 283.40 and a 12 month high of GBX 428.80.

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.