Schroders (LON:SDR) Insider Meagen Burnett Purchases 52 Shares

Schroders plc (LON:SDR) insider Meagen Burnett acquired 52 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was acquired at an average price of GBX 389 per share, with a total value of £202.28.

Meagen Burnett also recently made the following trade(s):

• On Friday, October 10th, Meagen Burnett purchased 50 shares of Schroders stock. The shares were acquired at an average price of GBX 399 per share, for a total transaction of £199.50.
• On Wednesday, September 10th, Meagen Burnett purchased 54 shares of Schroders stock. The shares were acquired at an average price of GBX 372 per share, with a total value of £200.88.

Schroders Price Performance

Shares of LON SDR traded up GBX 3.20 during mid-day trading on Tuesday, hitting GBX 392.40. 1,739,794 shares of the stock were exchanged, compared to its average volume of 4,977,528. The company has a market cap of £6.08 billion, a P/E ratio of 17.60, a PEG ratio of 1.28 and a beta of 1.17. 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 plc has a twelve month low of GBX 283.40 and a twelve month high of GBX 428.80. The stock’s fifty day simple moving average is GBX 380.34 and its two-hundred day simple moving average is GBX 373.69.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SDR. Citigroup dropped their price target 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. Jefferies Financial Group restated a “hold” rating and set a GBX 390 target price on shares of Schroders in a research report on Friday, August 8th. Royal Bank Of Canada increased their price target on shares of Schroders from GBX 435 to GBX 440 and gave the company a “buy” rating in a research report on Thursday, October 30th. UBS Group reissued a “buy” rating and set a GBX 455 price objective on shares of Schroders in a research report on Friday, October 17th. Finally, JPMorgan Chase & Co. increased their target price on Schroders from GBX 386 to GBX 395 and gave the stock a “neutral” rating in a report on Monday, October 20th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of GBX 409.57.

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.