Analysts Set Schroders plc (LON:SDR) Price Target at GBX 453.33

Schroders plc (LON:SDR) has received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 453.33.

Separately, Citigroup downgraded shares of Schroders to a “neutral” rating and raised their target price for the company from GBX 460 to GBX 590 in a research report on Thursday, April 30th.

Insider Activity

In other Schroders news, insider Richard Oldfield acquired 44 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average cost of GBX 581 per share, with a total value of £255.64. Insiders have purchased 173 shares of company stock worth $100,798 in the last 90 days. 1.72% of the stock is currently owned by company insiders.

Schroders Stock Performance

SDR stock opened at GBX 588 on Tuesday. Schroders has a 1-year low of GBX 358.60 and a 1-year high of GBX 599.50. The business has a 50-day moving average price of GBX 584.41 and a 200 day moving average price of GBX 551.26. The company has a market capitalization of £9.17 billion, a P/E ratio of 17.50, a PEG ratio of 1.28 and a beta of 1.08. The company has a debt-to-equity ratio of 20.74, a current ratio of 92.37 and a quick ratio of 4.32.

About Schroders

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.