Schroders (OTCMKTS:SHNWF) Reaches New 52-Week High at $53.05

Shares of Schroders plc (OTCMKTS:SHNWF) reached a new 52-week high during trading on Monday . The company traded as high as $53.05 and last traded at $53.05, with a volume of 7 shares. The stock had previously closed at $53.05.

A number of equities analysts have commented on SHNWF shares. UBS Group reissued a “buy” rating on shares of Schroders in a research note on Tuesday, August 3rd. Zacks Investment Research upgraded shares of Schroders from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a report on Thursday, August 19th. Morgan Stanley reiterated an “equal weight” rating on shares of Schroders in a report on Tuesday, August 3rd. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Schroders in a report on Friday, July 30th. Finally, Barclays restated an “equal weight” rating on shares of Schroders in a report on Friday, July 30th. Eleven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $53.30.

The stock’s 50-day moving average price is $51.29 and its two-hundred day moving average price is $50.20. The stock has a market capitalization of $14.99 billion, a PE ratio of 20.97 and a beta of 1.17.

About Schroders (OTCMKTS:SHNWF)

Schroders Plc operates as a asset management company. It operates through the following business segments: Asset Management, Wealth Management, and Group. The Asset Management segment comprises of investment management including advisory services, equity products, fixed income securities, multi-asset investments, real estate, and alternative products.

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