Jefferies Financial Group Reiterates Hold Rating for Schroders (LON:SDR)

Schroders (LON:SDR)‘s stock had its “hold” rating reaffirmed by analysts at Jefferies Financial Group in a research report issued to clients and investors on Friday, MarketBeat.com reports. They currently have a GBX 420 price objective on the stock. Jefferies Financial Group’s target price points to a potential upside of 0.53% from the company’s previous close.

Other research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft boosted their target price 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. UBS Group reiterated a “buy” rating and issued a GBX 455 price objective on shares of Schroders in a research note on Friday, October 17th. Royal Bank Of Canada boosted their price objective on Schroders from GBX 435 to GBX 440 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Citigroup decreased their target price on Schroders from GBX 435 to GBX 430 and set a “buy” rating for the company in a research note on Friday, October 24th. Finally, JPMorgan Chase & Co. lifted their price target on Schroders from GBX 386 to GBX 395 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 413.86.

Schroders Price Performance

Shares of Schroders stock opened at GBX 417.80 on Friday. The firm has a fifty day simple moving average of GBX 394.22 and a 200-day simple moving average of GBX 387.33. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95. Schroders has a 1-year low of GBX 283.40 and a 1-year high of GBX 428.80. The stock has a market capitalization of £6.48 billion, a price-to-earnings ratio of 18.74, a PEG ratio of 1.28 and a beta of 1.17.

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. The firm launches and manages equity mutual funds and manages fixed income mutual funds for its clients. It also manages hedge for its clients. The firm invests in the public equity, fixed income, and alternative investment markets across the globe.