Schroders (OTCMKTS:SHNWF) Receives Average Rating of “Hold” from Brokerages

Shares of Schroders (OTCMKTS:SHNWF) have received a consensus recommendation of “Hold” from the six research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company.

SHNWF has been the subject of a number of research reports. Royal Bank Of Canada cut Schroders from an “outperform” rating to a “sector perform” rating in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Schroders in a research report on Tuesday, January 6th. UBS Group cut shares of Schroders from a “buy” rating to a “neutral” rating in a research report on Thursday. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Schroders in a research note on Monday, November 24th.

Schroders Stock Performance

Shares of Schroders stock opened at $7.98 on Thursday. The business has a 50-day moving average of $6.03 and a two-hundred day moving average of $5.51. Schroders has a 1 year low of $3.50 and a 1 year high of $7.98.

Schroders Company Profile

Schroders plc is a global asset management company headquartered in London, United Kingdom, with a history dating back to its founding in 1804 as J. Henry Schröder & Co Over more than two centuries, the firm has grown organically and through selective acquisitions to establish itself as one of the world’s leading investment managers. Schroders is publicly traded on the London Stock Exchange and operates under the ticker SHNWF in the OTC Markets for investors seeking exposure to its equity.

The company offers a comprehensive suite of investment products and services, including active and passive equity strategies, fixed income, multi-asset solutions, alternatives such as real estate and private assets, as well as wealth planning and advisory services.