Schroder Oriental Income (LON:SOI) Given New GBX 300 Price Target at Royal Bank of Canada

Schroder Oriental Income (LON:SOI) had its target price cut by Royal Bank of Canada from GBX 310 ($4.14) to GBX 300 ($4.01) in a research note published on Monday morning,Digital Look reports. They currently have an outperform rating on the stock.

Schroder Oriental Income Trading Up 0.6%

Shares of SOI stock traded up GBX 1.75 ($0.02) during trading hours on Monday, reaching GBX 276.75 ($3.70). The company’s stock had a trading volume of 231,272 shares, compared to its average volume of 450,633. The stock has a market capitalization of £643.51 million, a P/E ratio of 6.06 and a beta of 0.67. The firm’s fifty day simple moving average is GBX 262.87 and its 200 day simple moving average is GBX 271.16. Schroder Oriental Income has a one year low of GBX 233.47 ($3.12) and a one year high of GBX 288 ($3.85).

About Schroder Oriental Income

Asian companies are increasingly world-leading and returning cash to shareholders. The Schroder Oriental Income Fund aims to tap into the Asian income story and help investors diversify their dividends.