Schroders (LON:SDR) Receives “Overweight” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of Schroders (LON:SDR) in a research note issued to investors on Friday, MarketBeat.com reports.

A number of other equities research analysts also recently commented on the company. UBS Group reiterated a “buy” rating and issued a GBX 455 target price on shares of Schroders in a research report on Friday, October 17th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 420 price objective on shares of Schroders in a research note on Friday. Royal Bank Of Canada upped their price objective on Schroders from GBX 435 to GBX 440 and gave the stock a “buy” rating in a report on Thursday, October 30th. Deutsche Bank Aktiengesellschaft increased their target price on Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a research report on Monday, October 6th. Finally, Citigroup reduced their price target on shares of Schroders from GBX 435 to GBX 430 and set a “buy” rating on the stock in a research report on Friday, October 24th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 413.86.

Schroders Stock Up 2.2%

Shares of SDR stock opened at GBX 417.80 on Friday. The company’s fifty day simple moving average is GBX 394.22 and its two-hundred day simple moving average is GBX 387.19. Schroders has a 52 week low of GBX 283.40 and a 52 week high of GBX 428.80. The stock has a market cap of £6.48 billion, a P/E ratio of 18.74, a PEG ratio of 1.28 and a beta of 1.17. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95.

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. The firm launches and manages equity mutual funds and manages fixed income mutual funds for its clients. It also manages hedge for its clients. The firm invests in the public equity, fixed income, and alternative investment markets across the globe.