Schroders plc (LON:SDR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Schroders plc (LON:SDR) has been given an average recommendation of “Moderate Buy” by the six analysts that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 453.33.

Separately, Citigroup cut Schroders to a “neutral” rating and boosted their target price for the stock from GBX 460 to GBX 590 in a research note on Thursday, April 30th.

Schroders Stock Performance

Shares of SDR opened at GBX 584.50 on Friday. The stock has a 50-day simple moving average of GBX 581.27 and a 200-day simple moving average of GBX 521.55. The company has a debt-to-equity ratio of 20.74, a quick ratio of 4.32 and a current ratio of 92.37. The stock has a market capitalization of £9.11 billion, a PE ratio of 17.40, a PEG ratio of 1.28 and a beta of 1.08. Schroders has a 1 year low of GBX 357.20 and a 1 year high of GBX 599.50.

Insiders Place Their Bets

In other Schroders news, insider Richard Oldfield bought 43 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was purchased at an average price of GBX 584 per share, for a total transaction of £251.12. Insiders purchased a total of 268 shares of company stock worth $155,803 in the last three months. 1.72% of the stock is owned by insiders.

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.