Schroders plc Rating Reiterated by Goldman Sachs (SDR)
Schroders plc (LON:SDR)‘s stock had its “buy” rating reiterated by equities research analysts at Goldman Sachs in a research note issued to investors on Monday, Stock Ratings News reports. They currently have a GBX 3,290 ($55.14) target price on the stock. Goldman Sachs’ target price suggests a potential upside of 28.07% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Schroders plc in a research note on Thursday, February 6th. They now have a GBX 2,736 ($45.85) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Schroders plc in a research note on Thursday, February 6th. They now have a GBX 2,550 ($42.74) price target on the stock. Finally, analysts at Berenberg Bank upgraded shares of Schroders plc to a “buy” rating in a research note on Friday, January 31st. They now have a GBX 3,050 ($51.11) price target on the stock, up previously from GBX 2,550 ($42.74). Thirteen analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 2,643.31 ($44.30).
Schroders plc (LON:SDR) opened at 2602.00 on Monday. Schroders plc has a 52 week low of GBX 1936.00 and a 52 week high of GBX 2708.00. The stock’s 50-day moving average is GBX 2553.81 and its 200-day moving average is GBX 2510.83. The company’s market cap is £7.054 billion.
Schroders plc (LON:SDR) is the parent company of an international asset management and private banking group.
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