Brokerages Set Schroders plc (LON:SDR) Price Target at GBX 387

Shares of Schroders plc (LON:SDR) have been assigned an average recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 395.

SDR has been the subject of a number of research reports. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 435 price target on shares of Schroders in a research report on Wednesday, August 6th. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 373 price target on shares of Schroders in a research report on Monday, July 7th. Citigroup raised Schroders to a “buy” rating and boosted their price target for the company from GBX 420 to GBX 435 in a research report on Friday. Jefferies Financial Group reissued a “hold” rating and set a GBX 390 price target on shares of Schroders in a research report on Friday, August 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Schroders from GBX 390 to GBX 400 and gave the company a “hold” rating in a research report on Friday, August 1st.

Schroders Price Performance

Shares of LON:SDR opened at GBX 393.80 on Friday. The business has a fifty day simple moving average of GBX 383.32 and a 200-day simple moving average of GBX 362.94. Schroders has a 52 week low of GBX 283.40 and a 52 week high of GBX 428.80. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The company has a market cap of £6.11 billion, a P/E ratio of 1,765.92, a P/E/G ratio of 1.28 and a beta of 1.17.

Schroders (LON:SDR) last posted its quarterly earnings results on Thursday, July 31st. The company reported GBX 9.10 earnings per share (EPS) for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. Equities research analysts forecast that Schroders will post 33.7347131 EPS for the current year.

Insider Activity at Schroders

In related news, insider Richard Oldfield acquired 68 shares of Schroders stock in a transaction on Wednesday, September 10th. The shares were bought at an average price of GBX 372 per share, for a total transaction of £252.96. Insiders bought a total of 379 shares of company stock worth $144,963 in the last 90 days. Insiders own 86.23% of the company’s stock.

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.