Barclays initiated coverage on shares of SCHRODERS/PAR VTG FPD 1 (LON:SDR) in a research report released on Friday morning, ThisIsMoney.Co.Uk reports. The brokerage issued an overweight rating and a GBX 3,155 ($41.23) target price on the stock.
SDR has been the subject of a number of other reports. BNP Paribas cut shares of SCHRODERS/PAR VTG FPD 1 to a neutral rating and reduced their price objective for the stock from GBX 2,900 ($37.89) to GBX 2,800 ($36.59) in a research note on Monday, April 1st. Jefferies Financial Group reduced their price objective on shares of SCHRODERS/PAR VTG FPD 1 from GBX 3,955 ($51.68) to GBX 3,615 ($47.24) and set a buy rating for the company in a research note on Tuesday, April 9th. JPMorgan Chase & Co. dropped their target price on shares of SCHRODERS/PAR VTG FPD 1 from GBX 3,100 ($40.51) to GBX 3,000 ($39.20) and set a neutral rating for the company in a research report on Wednesday, January 9th. Canaccord Genuity restated a hold rating and set a GBX 2,637 ($34.46) target price on shares of SCHRODERS/PAR VTG FPD 1 in a research report on Thursday, March 7th. Finally, Shore Capital restated a hold rating on shares of SCHRODERS/PAR VTG FPD 1 in a research report on Thursday, March 7th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. SCHRODERS/PAR VTG FPD 1 currently has an average rating of Buy and an average target price of GBX 3,277.20 ($42.82).
Shares of LON SDR opened at GBX 3,089 ($40.36) on Friday. The firm has a market capitalization of $6.79 billion and a PE ratio of 17.19. SCHRODERS/PAR VTG FPD 1 has a 1 year low of GBX 2,289 ($29.91) and a 1 year high of GBX 3,511 ($45.88).
In related news, insider Peter Harrison sold 19,716 shares of the company’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of GBX 2,727 ($35.63), for a total transaction of £537,655.32 ($702,541.91).
About SCHRODERS/PAR VTG FPD 1
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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