Schroders plc (LON:SDR) Receives GBX 387 Consensus Price Target from Analysts

Schroders plc (LON:SDR) has earned an average recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 387.

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price target on Schroders from GBX 390 ($5.27) to GBX 400 ($5.40) and gave the company a “hold” rating in a report on Friday, August 1st. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 373 ($5.04) target price on shares of Schroders in a report on Monday, July 7th. Jefferies Financial Group reissued a “hold” rating and set a GBX 390 ($5.27) target price on shares of Schroders in a report on Friday, August 8th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 435 ($5.87) target price on shares of Schroders in a report on Wednesday, August 6th. Finally, Canaccord Genuity Group dropped their target price on Schroders from GBX 496 ($6.70) to GBX 337 ($4.55) and set a “hold” rating for the company in a report on Wednesday, April 30th.

Schroders Trading Down 0.2%

Shares of Schroders stock opened at GBX 397.80 ($5.37) on Friday. The business has a fifty day simple moving average of GBX 379.50 and a two-hundred day simple moving average of GBX 361.35. Schroders has a 1 year low of GBX 283.40 ($3.83) and a 1 year high of GBX 428.80 ($5.79). The company has a market capitalization of £6.17 billion, a price-to-earnings ratio of 17.37, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32.

Schroders (LON:SDR) last announced its quarterly earnings results on Thursday, July 31st. The company reported GBX 9.10 ($0.12) earnings per share (EPS) for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. Research analysts forecast that Schroders will post 33.7347131 EPS for the current year.

Insider Buying and Selling

In related news, insider Richard Oldfield purchased 68 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The stock was acquired at an average price of GBX 371 ($5.01) per share, with a total value of £252.28 ($340.60). Insiders bought a total of 297 shares of company stock valued at $114,391 over the last three months. 43.09% of the stock is 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.