Schroders plc (LON:SDR) Given Average Rating of “Moderate Buy” by Brokerages

Schroders plc (LON:SDR) has received an average rating of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is GBX 413.86.

A number of brokerages have commented on SDR. JPMorgan Chase & Co. reiterated 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 research note on Friday, January 9th. Finally, Royal Bank Of Canada raised their target price on shares of Schroders from GBX 435 to GBX 440 and gave the company a “buy” rating in a research note on Thursday, October 30th.

Schroders Stock Performance

Shares of Schroders stock opened at GBX 586 on Tuesday. 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 firm has a market capitalization of £9.09 billion, a P/E ratio of 26.28, a P/E/G ratio of 1.28 and a beta of 1.17. The business has a fifty day simple moving average of GBX 455.92 and a two-hundred day simple moving average of GBX 409.60. Schroders has a 12 month low of GBX 283.40 and a 12 month high of GBX 599.50.

Schroders (LON:SDR) last released its quarterly earnings results on Thursday, February 12th. The company reported GBX 36.60 EPS for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. On average, equities analysts forecast that Schroders will post 33.7347131 earnings per share for the current fiscal year.

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.