Schroders (SHNWF) Projected to Post Quarterly Earnings on Thursday

Schroders (OTCMKTS:SHNWF) is projected to release its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.2649 per share and revenue of $1.7309 billion for the quarter.

Schroders Price Performance

SHNWF stock opened at $7.30 on Thursday. The stock’s 50 day moving average price is $7.30 and its 200 day moving average price is $7.10. Schroders has a 1 year low of $3.50 and a 1 year high of $7.98.

Wall Street Analyst Weigh In

Separately, Citigroup cut Schroders from a “buy” rating to a “neutral” rating in a report on Wednesday, April 29th. Four research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Schroders presently has a consensus rating of “Reduce”.

Schroders Company Profile

Schroders plc is a global asset management company headquartered in London, United Kingdom, with a history dating back to its founding in 1804 as J. Henry Schröder & Co Over more than two centuries, the firm has grown organically and through selective acquisitions to establish itself as one of the world’s leading investment managers. Schroders is publicly traded on the London Stock Exchange and operates under the ticker SHNWF in the OTC Markets for investors seeking exposure to its equity.

The company offers a comprehensive suite of investment products and services, including active and passive equity strategies, fixed income, multi-asset solutions, alternatives such as real estate and private assets, as well as wealth planning and advisory services.