Schroders (OTCMKTS:SHNWF) Hits New 12-Month High – Here’s Why

Schroders (OTCMKTS:SHNWF)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $5.52 and last traded at $5.52, with a volume of 836 shares traded. The stock had previously closed at $5.50.

Analysts Set New Price Targets

Several research analysts have commented on SHNWF shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Schroders in a report on Monday, October 6th. Citigroup upgraded Schroders from a “neutral” rating to a “buy” rating in a research note on Friday, October 3rd. Finally, Morgan Stanley restated an “underweight” rating on shares of Schroders in a research note on Monday, November 24th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Schroders Trading Up 0.4%

The company has a fifty day moving average price of $5.21 and a two-hundred day moving average price of $5.23.

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.