Schroders (OTCMKTS:SHNWF) Sets New 1-Year High – Should You Buy?

Schroders (OTCMKTS:SHNWFGet Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as $6.00 and last traded at $6.00, with a volume of 3478 shares changing hands. The stock had previously closed at $5.52.

Key Schroders News

Here are the key news stories impacting Schroders this week:

Analysts Set New Price Targets

SHNWF has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Schroders in a research report on Tuesday, January 6th. Citigroup raised shares of Schroders from a “neutral” rating to a “buy” rating in a research report on Friday, October 3rd. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Schroders in a report on Monday, November 24th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Schroders has an average rating of “Hold”.

Check Out Our Latest Report on Schroders

Schroders Price Performance

The business’s 50-day simple moving average is $5.39 and its two-hundred day simple moving average is $5.27.

About Schroders

(Get Free Report)

Schroders plc is a global asset management company headquartered in London, United Kingdom, with a history dating back to its founding in 1804 as J. Henry Schröder & Co Over more than two centuries, the firm has grown organically and through selective acquisitions to establish itself as one of the world’s leading investment managers. Schroders is publicly traded on the London Stock Exchange and operates under the ticker SHNWF in the OTC Markets for investors seeking exposure to its equity.

The company offers a comprehensive suite of investment products and services, including active and passive equity strategies, fixed income, multi-asset solutions, alternatives such as real estate and private assets, as well as wealth planning and advisory services.

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