Shares of Schroders plc (LON:SDR) were up 0% during mid-day trading on Thursday . The stock traded as high as GBX 3,705 ($50.24) and last traded at GBX 3,705 ($50.24). Approximately 232,177 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 227,729 shares. The stock had previously closed at GBX 3,705 ($50.24).

Several analysts have recently issued reports on SDR shares. Numis Securities reiterated an “add” rating and issued a GBX 2,980 ($40.41) price objective on shares of Schroders in a research note on Friday, October 20th. Berenberg Bank increased their price objective on Schroders from GBX 3,580 ($48.55) to GBX 3,640 ($49.36) and gave the company a “buy” rating in a research note on Thursday, October 19th. Liberum Capital reiterated a “hold” rating and issued a GBX 3,564 ($48.33) price objective on shares of Schroders in a research note on Thursday, October 19th. Shore Capital reiterated a “hold” rating on shares of Schroders in a research note on Thursday, October 19th. Finally, JPMorgan Chase & Co. cut Schroders to a “neutral” rating and reduced their price objective for the company from GBX 3,750 ($50.85) to GBX 3,550 ($48.14) in a research note on Thursday, September 21st. One analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. Schroders has an average rating of “Hold” and a consensus target price of GBX 3,375.87 ($45.78).

The company has a market cap of $9,870.00 and a price-to-earnings ratio of 1,939.79.

In other Schroders news, insider Michael W. R. Dobson sold 9,822 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of GBX 3,512 ($47.63), for a total transaction of £344,948.64 ($467,790.40). Also, insider Richard Keers acquired 8 shares of the company’s stock in a transaction on Monday, December 11th. The shares were purchased at an average cost of GBX 3,465 ($46.99) per share, for a total transaction of £277.20 ($375.92). Insiders sold 83,985 shares of company stock worth $294,456,303 in the last three months.

COPYRIGHT VIOLATION NOTICE: This report was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this report on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The original version of this report can be read at https://www.dailypolitical.com/2018/01/18/schroders-sdr-trading-up-0.html.

About Schroders

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.

Receive News & Ratings for Schroders Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroders and related companies with MarketBeat.com's FREE daily email newsletter.