Schroders plc (LON:SDR) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Schroders plc (LON:SDR) have earned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 413.86.

Several research firms have weighed in on SDR. Deutsche Bank Aktiengesellschaft raised their price target on Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a report on Monday, October 6th. Citigroup cut their target price on shares of Schroders from GBX 435 to GBX 430 and set a “buy” rating for the company in a report on Friday, October 24th. Royal Bank Of Canada boosted their price target on shares of Schroders from GBX 435 to GBX 440 and gave the stock a “buy” rating in a research report on Thursday, October 30th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Schroders in a research report on Friday. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 420 target price on shares of Schroders in a report on Friday.

Schroders Trading Up 2.2%

Shares of SDR stock opened at GBX 417.80 on Monday. Schroders has a 12-month low of GBX 283.40 and a 12-month high of GBX 428.80. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95. The stock’s 50-day moving average price is GBX 394.22 and its 200-day moving average price is GBX 387.19. The stock has a market capitalization of £6.48 billion, a price-to-earnings ratio of 18.74, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17.

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.