Schroders plc Given New $35.10 Price Target at Morgan Stanley (SDR)
Analysts at Morgan Stanley lifted their price target on shares of Schroders plc (LON: SDR) from $34.20 (2290 GBX) to $35.10 (2350 GBX) in a research report issued to clients and investors on Friday. The firm currently has an “overweight” rating on the stock.
A number of other firms have also recently commented on SDR. Analysts at JP Morgan Cazenove raised their price target on shares of Schroders plc from $38.42 to $44.65 in a research note to investors on Friday. They now have an “overweight” rating on the stock. Separately, analysts at UBS AG upgraded shares of Schroders plc to a “neutral” rating in a research note to investors on Friday. They now have a $30.62 price target on the stock, up previously from $22.55. Finally, analysts at S&P Equity Research raised their price target on shares of Schroders plc to $32.77 in a research note to investors on Thursday. They now have a “hold” rating on the stock.
Schroders plc traded down 0.28% on Friday, hitting GBX 2122.00. Schroders plc has a 1-year low of GBX 1163.00 and a 1-year high of GBX 2120.00. The stock’s 50-day moving average is currently GBX 1538.. The company’s market cap is £5.748 billion.
Schroders plc (Schroders) is the parent company of an international asset management and private banking group.