Numis Securities Ltd Reiterates Hold Rating for Schroders plc (SDR)
Schroders plc (LON:SDR)‘s stock had its “hold” rating restated by investment analysts at Numis Securities Ltd in a note issued to investors on Thursday, American Banking & Market News reports. They currently have a GBX 2,736 ($44.96) target price on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 10.01% from the stock’s previous close.
Shares of Schroders plc (LON:SDR) traded up 1.84% on Thursday, hitting GBX 2487.00. 209,218 shares of the company’s stock traded hands. Schroders plc has a one year low of GBX 1936.00 and a one year high of GBX 2708.00. The stock’s 50-day moving average is GBX 2547. and its 200-day moving average is GBX 2509.. The company’s market cap is £6.742 billion.
A number of other firms have also recently commented on SDR. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Schroders plc in a research note to investors on Thursday. They now have a GBX 2,550 ($41.91) price target on the stock. Separately, analysts at Berenberg Bank upgraded shares of Schroders plc to a “buy” rating in a research note to investors on Friday, January 31st. They now have a GBX 3,050 ($50.12) price target on the stock, up previously from GBX 2,550 ($41.91). Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Schroders plc in a research note to investors on Friday, January 24th. They now have a GBX 2,500 ($41.08) price target on the stock. Fourteen investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Schroders plc has a consensus rating of “Hold” and a consensus target price of GBX 2,502.09 ($41.12).
Schroders PLC is a United Kingdom-based firm that is engaged in asset management. The Firm manages EUR 211.
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