Schroders plc (LON:SDR) Receives Average Rating of “Hold” from Analysts

Shares of Schroders plc (LON:SDR) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 408.86.

SDR has been the topic of several research analyst reports. UBS Group restated a “buy” rating and issued a GBX 455 price objective on shares of Schroders in a report on Friday, October 17th. Jefferies Financial Group restated a “hold” rating and set a GBX 390 price target on shares of Schroders in a research report on Friday, August 8th. JPMorgan Chase & Co. raised 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. Royal Bank Of Canada restated an “outperform” rating and set a GBX 435 price target on shares of Schroders in a research report on Wednesday, August 6th. Finally, Citigroup lowered their price target on Schroders from GBX 435 to GBX 430 and set a “buy” rating for the company in a research report on Friday.

Insider Activity at Schroders

In other news, insider Richard Oldfield purchased 68 shares of the stock in a transaction dated Wednesday, September 10th. The stock was acquired at an average cost of GBX 372 per share, for a total transaction of £252.96. Insiders acquired 374 shares of company stock worth $144,840 in the last ninety days. Company insiders own 86.23% of the company’s stock.

Schroders Stock Up 1.5%

Shares of SDR opened at GBX 377.40 on Wednesday. The firm has a market cap of £5.85 billion, a P/E ratio of 16.92, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. Schroders has a 12-month low of GBX 283.40 and a 12-month high of GBX 428.80. The company’s 50-day moving average price is GBX 381.62 and its 200 day moving average price is GBX 367.66. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95.

Schroders (LON:SDR) last issued its quarterly earnings data on Thursday, July 31st. The company reported GBX 9.10 earnings per share (EPS) for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. On average, sell-side analysts forecast that Schroders will post 33.7347131 earnings per share for the current year.

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.