J P Morgan Chase & Co reaffirmed their overweight rating on shares of Schroders plc (LON:SDR) in a report published on Monday.

A number of other equities research analysts have also recently issued reports on SDR. BNP Paribas reissued a neutral rating and issued a GBX 2,850 ($35.62) target price on shares of Schroders plc in a research report on Tuesday, January 10th. Goldman Sachs Group, Inc. (The) boosted their target price on shares of Schroders plc from GBX 3,100 ($38.74) to GBX 3,420 ($42.74) and gave the company a neutral rating in a research report on Tuesday, January 24th. Morgan Stanley cut shares of Schroders plc to an equal weight rating and reduced their target price for the company from GBX 3,245 ($40.55) to GBX 3,120 ($38.99) in a research report on Thursday, January 26th. Liberum Capital reissued a hold rating and issued a GBX 2,750 ($34.37) target price on shares of Schroders plc in a research report on Thursday, November 3rd. Finally, Citigroup Inc. reissued a buy rating on shares of Schroders plc in a research report on Friday, January 6th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 2,994.93 ($37.43).

Analyst Recommendations for Schroders plc (LON:SDR)

Schroders plc (LON:SDR) opened at 3045.00 on Monday. The firm’s 50-day moving average price is GBX 3,000.08 and its 200-day moving average price is GBX 2,851.73. The firm’s market capitalization is GBX 8.36 billion. Schroders plc has a 1-year low of GBX 1,960.00 and a 1-year high of GBX 3,092.00.

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In related news, insider Peter Harrison bought 9 shares of the company’s stock in a transaction dated Monday, December 12th. The stock was purchased at an average price of GBX 2,942 ($36.77) per share, with a total value of £264.78 ($330.89). Also, insider Philip Mallinckrodt sold 3,775 shares of the stock in a transaction dated Wednesday, December 21st. The stock was sold at an average price of GBX 2,236 ($27.94), for a total transaction of £84,409 ($105,484.88). Insiders have purchased 24 shares of company stock valued at $71,947 in the last ninety days.

Schroders plc Company Profile

Schroders plc (Schroders) is the parent company of an international asset management and private banking group. Schroders operates three business segments: Asset Management, Private Banking and Group. Asset Management includes three divisions: Investment, which consists of its portfolio management, research and dealing functions across a product range covering equities, fixed income, multi-asset and alternatives; Distribution, which employs people globally, specialising in sales, client service, marketing, product development and product management, and serving institutional and intermediary sales channels, and Infrastructure, which employs people in the information technology, operations, finance, risk management, human resources, legal, compliance and internal audit.

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