Schroders plc (LON:SDR) Receives GBX 409.57 Average Price Target from Analysts

Schroders plc (LON:SDR) has been given an average recommendation of “Moderate Buy” by the seven analysts that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 413.86.

Several equities research analysts have commented on SDR shares. Citigroup lowered their target price on shares of Schroders from GBX 435 to GBX 430 and set a “buy” rating for the company in a research note on Friday, October 24th. UBS Group reaffirmed a “buy” rating and set a GBX 455 price objective on shares of Schroders in a research note on Friday, October 17th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 420 target price on shares of Schroders in a research note on Friday. JPMorgan Chase & Co. restated an “overweight” rating on shares of Schroders in a report on Friday. Finally, Royal Bank Of Canada boosted their price objective on Schroders from GBX 435 to GBX 440 and gave the company a “buy” rating in a research report on Thursday, October 30th.

Schroders Price Performance

Shares of SDR stock opened at GBX 413.60 on Monday. The stock has a market cap of £6.41 billion, a PE ratio of 18.55, a PEG ratio of 1.28 and a beta of 1.17. Schroders has a 52-week low of GBX 283.40 and a 52-week high of GBX 428.80. The firm’s 50 day moving average price is GBX 394.22 and its two-hundred day moving average price is GBX 387.50. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90.

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.