Schroders (LON:SDR) Insider Meagen Burnett Acquires 44 Shares

Schroders plc (LON:SDR) insider Meagen Burnett bought 44 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was purchased at an average price of GBX 467 per share, for a total transaction of £205.48.

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

• On Monday, January 12th, Meagen Burnett purchased 48 shares of Schroders stock. The shares were acquired at an average price of GBX 416 per share, with a total value of £199.68.

Schroders Stock Performance

SDR stock opened at GBX 456.20 on Thursday. The firm has a market cap of £7.07 billion, a PE ratio of 20.46, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. 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 50-day moving average price of GBX 424.25 and a 200-day moving average price of GBX 398.47. Schroders plc has a 1-year low of GBX 283.40 and a 1-year high of GBX 472.80.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on SDR shares. UBS Group reaffirmed a “buy” rating and set a GBX 455 price objective on shares of Schroders in a research report on Friday, October 17th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Schroders in a report on Friday, January 9th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 420 price objective on shares of Schroders in a report on Friday, January 9th. Royal Bank Of Canada raised their target price on Schroders from GBX 435 to GBX 440 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Citigroup dropped their price target on Schroders from GBX 435 to GBX 430 and set a “buy” rating on the stock in a research note on Friday, October 24th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Schroders has an average rating of “Moderate Buy” and a consensus price target of GBX 413.86.

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. 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.