Schroders plc Receives “Add” Rating from Numis Securities Ltd (SDR)
Schroders plc (LON:SDR)‘s stock had its “add” rating reiterated by investment analysts at Numis Securities Ltd in a note issued to investors on Friday, American Banking and Market News reports. They currently have a GBX 3,107 ($52.33) price objective on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 19.64% from the stock’s previous close.
Schroders plc (LON:SDR) opened at 2538.00 on Friday. Schroders plc has a 1-year low of GBX 2036.00 and a 1-year high of GBX 2765.00. The stock’s 50-day moving average is GBX 2589. and its 200-day moving average is GBX 2560.31. The company’s market cap is £6.944 billion.
A number of other firms have also recently commented on SDR. Analysts at Goldman Sachs reiterated a “buy” rating on shares of Schroders plc in a research note on Monday. They now have a GBX 3,290 ($55.42) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Schroders plc in a research note on Friday, May 9th. They now have a GBX 2,900 ($48.85) price target on the stock. Finally, analysts at HSBC reiterated a “neutral” rating on shares of Schroders plc in a research note on Wednesday, May 7th. They now have a GBX 2,750 ($46.32) price target on the stock. Ten research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 2,910 ($49.01).
Schroders plc (LON:SDR) is the parent company of an international asset management and private banking group.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.