Schroders plc (LON:SDR) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Schroders plc (LON:SDR) have earned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 453.33.

Separately, Citigroup lowered shares of Schroders to a “neutral” rating and lifted their price objective for the stock from GBX 460 to GBX 590 in a research note on Thursday, April 30th.

Insiders Place Their Bets

In related news, insider Richard Oldfield purchased 44 shares of the business’s stock in a transaction on Monday, May 11th. The shares were purchased at an average price of GBX 581 per share, with a total value of £255.64. Insiders have purchased a total of 268 shares of company stock valued at $155,803 over the last 90 days. Insiders own 1.72% of the company’s stock.

Schroders Trading Up 0.1%

SDR opened at GBX 585.50 on Friday. The stock has a market capitalization of £9.13 billion, a PE ratio of 17.43, a PEG ratio of 1.28 and a beta of 1.08. The company has a current ratio of 92.37, a quick ratio of 4.32 and a debt-to-equity ratio of 20.74. Schroders has a 1-year low of GBX 358.60 and a 1-year high of GBX 599.50. The firm has a 50-day moving average price of GBX 581.87 and a two-hundred day moving average price of GBX 528.51.

Schroders Company Profile

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.