Schroders plc (LON:SDR) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Schroders plc (LON:SDR) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 453.33.

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

Schroders Price Performance

SDR stock opened at GBX 583.50 on Monday. The stock has a 50-day moving average price of GBX 578.86 and a two-hundred day moving average price of GBX 502.12. Schroders has a 12-month low of GBX 350.20 and a 12-month high of GBX 599.50. The company has a current ratio of 92.37, a quick ratio of 4.32 and a debt-to-equity ratio of 20.74. The company has a market cap of £9.10 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08.

Insider Transactions at Schroders

In other news, insider Richard Oldfield purchased 44 shares of the stock in a transaction on Monday, May 11th. The stock was purchased at an average price of GBX 581 per share, with a total value of £255.64. Insiders bought a total of 249 shares of company stock worth $144,859 over the last ninety days. 1.73% of the stock is currently 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.