J P Morgan Chase & Co Lowers Schroders Plc (SHNWF) to Neutral
J P Morgan Chase & Co lowered shares of Schroders Plc (OTC:SHNWF) from an overweight rating to a neutral rating in a research note published on Thursday morning, StockTargetPrices.com reports.
SHNWF has been the topic of a number of other reports. Macquarie upgraded shares of Schroders Plc from an underperform rating to a neutral rating in a research note on Tuesday, August 29th. Citigroup Inc. cut shares of Schroders Plc from a buy rating to a neutral rating in a research note on Monday, July 31st. Finally, Berenberg Bank initiated coverage on shares of Schroders Plc in a research note on Thursday, June 15th. They issued a buy rating on the stock. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Schroders Plc presently has an average rating of Hold.
Shares of Schroders Plc (OTC SHNWF) opened at 44.68 on Thursday. Schroders Plc has a 12 month low of $33.12 and a 12 month high of $46.09. The firm’s 50-day moving average is $44.54 and its 200 day moving average is $41.44. The firm has a market capitalization of $12.30 billion and a P/E ratio of 17.73.
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About Schroders Plc
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.
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