Shares of Schroders plc (LON:SDR) have received a consensus rating of “Hold” from the fifteen research firms that are covering the company. Eight research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 2,854.57 ($37.26).
Several research firms recently issued reports on SDR. Goldman Sachs Group Inc. reissued a “buy” rating and issued a GBX 2,800 ($36.55) target price on shares of Schroders plc in a research report on Monday, July 4th. Numis Securities Ltd reissued a “buy” rating and issued a GBX 3,368 ($43.96) target price on shares of Schroders plc in a research report on Thursday, July 28th. BNP Paribas reissued a “neutral” rating and issued a GBX 2,600 ($33.94) target price on shares of Schroders plc in a research report on Friday, July 29th. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 2,790 ($36.42) target price on shares of Schroders plc in a research report on Tuesday, July 12th. Finally, Barclays PLC cut their target price on Schroders plc from GBX 2,880 ($37.59) to GBX 2,400 ($31.33) and set an “equal weight” rating on the stock in a research report on Thursday, June 30th.
The business also recently declared a dividend, which was paid on Thursday, September 22nd. Investors of record on Thursday, August 18th were paid a GBX 29 ($0.38) dividend. This represents a yield of 1.15%. The ex-dividend date was Thursday, August 18th.
In related news, insider Tosato,Massimo sold 6,410 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of GBX 2,703 ($35.28), for a total value of £173,262.30 ($226,161.47).
About Schroders plc
Schroders plc (Schroders) is the parent company of an international asset management and private banking group. Schroders operates three business segments: Asset Management, Private Banking and Group. Asset Management includes three divisions: Investment, which consists of its portfolio management, research and dealing functions across a product range covering equities, fixed income, multi-asset and alternatives; Distribution, which employs people globally, specialising in sales, client service, marketing, product development and product management, and serving institutional and intermediary sales channels, and Infrastructure, which employs people in the information technology, operations, finance, risk management, human resources, legal, compliance and internal audit.
Receive News & Ratings for Schroders plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroders plc and related companies with MarketBeat.com's FREE daily email newsletter.