Brokerages Set Schroders plc (LON:SDR) Price Target at GBX 409.57

Shares of Schroders plc (LON:SDR) have earned a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 409.57.

Several analysts have recently weighed in on SDR shares. UBS Group reissued a “buy” rating and issued a GBX 455 target price on shares of Schroders in a report on Friday, October 17th. JPMorgan Chase & Co. lifted their price target on Schroders from GBX 386 to GBX 395 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Deutsche Bank Aktiengesellschaft boosted their price objective on Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a research note on Monday, October 6th. Royal Bank Of Canada raised their target price on shares of Schroders from GBX 435 to GBX 440 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Finally, Citigroup cut their target price on shares of Schroders from GBX 435 to GBX 430 and set a “buy” rating on the stock in a report on Friday, October 24th.

Schroders Price Performance

Shares of LON:SDR opened at GBX 413.80 on Monday. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32. Schroders has a 12 month low of GBX 283.40 and a 12 month high of GBX 428.80. The firm has a market capitalization of £6.42 billion, a P/E ratio of 18.56, a P/E/G ratio of 1.28 and a beta of 1.17. The company’s fifty day moving average price is GBX 392.93 and its 200 day moving average price is GBX 386.64.

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.