Schroders plc PT Raised to GBX 2,810 (SDR)
Investment analysts at Credit Suisse lifted their price target on shares of Schroders plc (LON:SDR) from GBX 2,550 ($41.86) to GBX 2,810 ($46.13) in a note issued to investors on Monday, StockRatingsNetwork reports. The firm currently has a “neutral” rating on the stock. Credit Suisse’s price objective suggests a potential upside of 9.04% from the company’s current price.
Shares of Schroders plc (LON:SDR) traded up 0.55% during mid-day trading on Monday, hitting GBX 2577.00. The stock had a trading volume of 187,227 shares. Schroders plc has a one year low of GBX 1875.00 and a one year high of GBX 2708.00. The stock has a 50-day moving average of GBX 2523.61 and a 200-day moving average of GBX 2501.92. The company’s market cap is £6.986 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Macquarie reiterated an “outperform” rating on shares of Schroders plc in a research note to investors on Friday. They now have a GBX 3,040 ($49.90) price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Schroders plc from GBX 2,791 ($45.81) to GBX 2,802 ($45.99) in a research note to investors on Friday, January 10th. They now have an “overweight” rating on the stock. Finally, 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 ($49.41) price target on the stock, up previously from GBX 2,150 ($35.29). Fifteen investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 2,458.41 ($40.35).
Schroders PLC is a United Kingdom-based firm that is engaged in asset management. The Firm manages EUR 211.
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