Citigroup Upgrades Schroders (OTCMKTS:SHNWF) to Hold

Schroders (OTCMKTS:SHNWF) was upgraded by equities researchers at Citigroup to a “hold” rating in a note issued to investors on Thursday, Zacks.com reports.

Schroders Stock Performance

Shares of SHNWF opened at $4.35 on Thursday. Schroders has a 52 week low of $4.20 and a 52 week high of $5.50. The stock has a 50 day moving average of $4.67 and a 200-day moving average of $4.74.

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.