Brokerages Set Schroders plc (LON:SDR) Target Price at GBX 409.57

Shares of Schroders plc (LON:SDR) have been assigned a consensus rating of “Hold” from the seven analysts that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 408.86.

Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 435 target price on shares of Schroders in a research note on Wednesday, August 6th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 390 target price on shares of Schroders in a research note on Friday, August 8th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Schroders from GBX 400 to GBX 420 and gave the stock a “hold” rating in a research note on Monday, October 6th. Citigroup cut their target price on shares of Schroders from GBX 435 to GBX 430 and set a “buy” rating on the stock in a research note on Friday. Finally, UBS Group reaffirmed a “buy” rating and set a GBX 455 target price on shares of Schroders in a research note on Friday, October 17th.

Insiders Place Their Bets

In other Schroders news, insider Richard Oldfield bought 68 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were purchased at an average cost of GBX 372 per share, with a total value of £252.96. Over the last quarter, insiders have purchased 374 shares of company stock worth $144,840. 86.23% of the stock is owned by corporate insiders.

Schroders Price Performance

Schroders stock opened at GBX 377.40 on Wednesday. The company’s 50 day simple moving average is GBX 381.62 and its 200-day simple moving average is GBX 366.68. The company has a market capitalization of £5.85 billion, a price-to-earnings ratio of 16.92, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. Schroders has a 1 year low of GBX 283.40 and a 1 year high of GBX 428.80. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90.

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

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.