Schroders plc (LON:SDR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Schroders plc (LON:SDR) have been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 413.86.

SDR has been the topic of several recent research reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Schroders in a research report on Friday, January 9th. UBS Group restated a “buy” rating and set a GBX 455 target price on shares of Schroders in a research report on Friday, October 17th. Citigroup lowered their target price on 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 reissued a “hold” rating and issued a GBX 420 price target on shares of Schroders in a report on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a research note on Monday, October 6th.

Schroders Trading Down 0.2%

Shares of Schroders stock opened at GBX 447.20 on Friday. The company has a 50-day moving average of GBX 411.06 and a two-hundred day moving average of GBX 394.68. Schroders has a 12-month low of GBX 283.40 and a 12-month high of GBX 472.80. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95. The stock has a market cap of £6.93 billion, a PE ratio of 20.05, a price-to-earnings-growth 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.