Schroders (OTCMKTS:SHNWF) Shares Gap Down – Here’s What Happened

Schroders (OTCMKTS:SHNWFGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $4.95, but opened at $4.79. Schroders shares last traded at $4.79, with a volume of 251 shares traded.

Analyst Ratings Changes

A number of research firms recently weighed in on SHNWF. Citigroup raised shares of Schroders from a “neutral” rating to a “buy” rating in a report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Schroders in a research report on Monday, October 6th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Schroders in a research report on Monday, November 24th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Read Our Latest Report on SHNWF

Schroders Trading Down 8.2%

The stock’s fifty day simple moving average is $5.15 and its two-hundred day simple moving average is $5.13.

Schroders Company Profile

(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.

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