Schroders (OTCMKTS:SHNWF) Receives Average Rating of “Hold” from Analysts

Schroders (OTCMKTS:SHNWF) has been given an average recommendation of “Hold” by the six brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company.

A number of equities research analysts have commented on SHNWF shares. Royal Bank Of Canada downgraded Schroders from an “outperform” rating to a “sector perform” rating in a research report on Friday, February 13th. Morgan Stanley reissued an “underweight” rating on shares of Schroders in a research report on Monday, November 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Schroders in a research report on Tuesday, January 6th. Finally, UBS Group cut shares of Schroders from a “buy” rating to a “neutral” rating in a research report on Thursday, February 19th.

Schroders Price Performance

SHNWF stock opened at $7.98 on Thursday. Schroders has a one year low of $3.50 and a one year high of $7.98. The firm’s 50 day moving average price is $6.18 and its 200-day moving average price is $5.56.

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.