Schroders’ (SDR) “Neutral” Rating Reaffirmed at Citigroup

Citigroup reaffirmed their neutral rating on shares of Schroders (LON:SDR) in a report issued on Tuesday, PriceTargets.com reports.

Several other brokerages have also commented on SDR. Barclays restated an equal weight rating and set a GBX 3,675 ($49.88) price target on shares of Schroders in a research note on Thursday, December 16th. Morgan Stanley upped their price target on Schroders from GBX 3,700 ($50.22) to GBX 3,930 ($53.35) and gave the stock an equal weight rating in a research note on Wednesday, October 27th. Seven analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has an average rating of Hold and a consensus price target of GBX 3,742.50 ($50.80).

Shares of LON:SDR opened at GBX 3,449 ($46.82) on Tuesday. The firm has a market capitalization of £9.74 billion and a PE ratio of 17.44. The company has a debt-to-equity ratio of 9.31, a current ratio of 5.84 and a quick ratio of 5.69. The business has a 50-day moving average of GBX 3,548.32 and a two-hundred day moving average of GBX 3,610.17. Schroders has a 12 month low of GBX 3,318 ($45.04) and a 12 month high of GBX 3,913 ($53.12).

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.

Recommended Story: What causes a recession?

Analyst Recommendations for Schroders (LON:SDR)

Receive News & Ratings for Schroders Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroders and related companies with MarketBeat.com's FREE daily email newsletter.