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

Schroders plc (OTCMKTS:SHNWFGet Free Report) hit a new 52-week low on Wednesday . The stock traded as low as $3.50 and last traded at $3.50, with a volume of 31231 shares traded. The stock had previously closed at $4.64.

Wall Street Analysts Forecast Growth

SHNWF has been the topic of a number of recent research reports. Barclays restated an “overweight” rating on shares of Schroders in a research report on Friday, March 7th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Schroders in a report on Friday, March 7th. Finally, Royal Bank of Canada raised shares of Schroders from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, February 5th.

Read Our Latest Research Report on Schroders

Schroders Price Performance

The stock’s 50-day moving average is $4.47 and its two-hundred day moving average is $4.34.

About Schroders

(Get Free Report)

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.

Further Reading

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