JPMorgan Chase & Co. Increases Schroders plc Price Target to GBX 2,802 (SDR)
Equities research analysts at JPMorgan Chase & Co. increased their price target on shares of Schroders plc (LON:SDR) from GBX 2,791 ($45.78) to GBX 2,802 ($45.96) in a research note issued to investors on Friday, American Banking News.com reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 6.58% from the company’s current price.
Schroders plc (LON:SDR) opened at 2629.00 on Friday. Schroders plc has a 52 week low of GBX 1839.00 and a 52 week high of GBX 2708.00. The stock’s 50-day moving average is GBX 2504.42 and its 200-day moving average is GBX 2480.90. The company’s market cap is £7.127 billion.
SDR has been the subject of a number of other recent research reports. Analysts at Barclays upgraded shares of Schroders plc to an “overweight” rating in a research note to investors on Friday, January 3rd. They now have a GBX 3,010 ($49.37) price target on the stock, up previously from GBX 2,150 ($35.26). Separately, analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Schroders plc in a research note to investors on Monday, December 9th. They now have a GBX 2,790 ($45.76) price target on the stock. Finally, analysts at RBC Capital reiterated a “sector performer” rating on shares of Schroders plc in a research note to investors on Tuesday, December 3rd. Fifteen analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Schroders plc has a consensus rating of “Hold” and an average price target of GBX 2,446.29 ($40.12).
Schroders PLC is a United Kingdom-based firm that is engaged in asset management. The Firm manages EUR 211.
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