Schroders (LON:SDR) Insider Purchases 43 Shares

Schroders plc (LON:SDR) insider Richard Oldfield bought 43 shares of the stock in a transaction on Monday, August 10th. The shares were acquired at an average cost of GBX 584 per share, for a total transaction of £251.12.

Richard Oldfield also recently made the following trade(s):

• On Wednesday, June 10th, Richard Oldfield purchased 43 shares of Schroders stock. The stock was bought at an average cost of GBX 584 per share, with a total value of £251.12.

Schroders Stock Performance

SDR stock opened at GBX 582.63 on Tuesday. The firm has a 50 day simple moving average of GBX 585.97 and a 200 day simple moving average of GBX 568.40. Schroders plc has a 52 week low of GBX 358.60 and a 52 week high of GBX 599.50. The stock has a market cap of £9.09 billion, a P/E ratio of 13.39, a P/E/G ratio of 1.28 and a beta of 1.08.

Schroders (LON:SDR) last released its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.30 earnings per share for the quarter. Schroders had a net margin of 19.94% and a return on equity of 15.55%. Sell-side analysts predict that Schroders plc will post 33.7347131 EPS for the current year.

Analysts Set New Price Targets

Separately, Citigroup downgraded Schroders to a “neutral” rating and boosted their target price for the company from GBX 460 to GBX 590 in a research note on Thursday, April 30th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 453.33.

About Schroders

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.