Schroders plc Receives “Sector Performer” Rating from RBC Capital (SDR)
Schroders plc (LON:SDR)‘s stock had its “sector performer” rating reiterated by analysts at RBC Capital in a research report issued to clients and investors on Wednesday, AnalystRatings.NET reports. They currently have a GBX 2,800 ($47.03) price objective on the stock. RBC Capital’s price objective would indicate a potential upside of 8.91% from the stock’s previous close.
Shares of Schroders plc (LON:SDR) traded down 1.48% on Wednesday, hitting GBX 2533.00. 213,046 shares of the company’s stock traded hands. Schroders plc has a 52-week low of GBX 2036.00 and a 52-week high of GBX 2765.00. The stock’s 50-day moving average is GBX 2606.32 and its 200-day moving average is GBX 2561.. The company’s market cap is £6.931 billion.
Several other analysts have also recently commented on the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Schroders plc in a research note on Thursday, April 17th. They now have a GBX 2,596 ($43.60) price target on the stock. Separately, analysts at Goldman Sachs reiterated a “buy” rating on shares of Schroders plc in a research note on Monday, April 14th. They now have a GBX 3,290 ($55.26) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Schroders plc from GBX 2,946 ($49.48) to GBX 3,002 ($50.42) in a research note on Friday, April 4th. They now have an “overweight” rating on the stock. Eleven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 2,838.12 ($47.67).
Schroders plc (LON:SDR) is the parent company of an international asset management and private banking group.
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