Schroders (OTCMKTS:SHNWF) Sets New 1-Year High – Here’s What Happened

Shares of Schroders (OTCMKTS:SHNWF) hit a new 52-week high during trading on Friday . The company traded as high as $6.00 and last traded at $6.00, with a volume of 588 shares traded. The stock had previously closed at $5.52.

Analyst Ratings Changes

SHNWF has been the subject of a number of recent analyst reports. Citigroup raised Schroders from a “neutral” rating to a “buy” rating in a report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Schroders in a report on Tuesday, January 6th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Schroders in a report on Monday, November 24th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Schroders currently has an average rating of “Hold”.

Schroders Trading Up 8.7%

The business’s 50-day moving average price is $5.53 and its 200-day moving average price is $5.33.

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.