Liberum Capital Initiates Coverage on Schroders plc (SDR)
Equities researchers at Liberum Capital began coverage on shares of Schroders plc (LON:SDR) in a research report issued on Thursday. The firm set a “buy” rating and a GBX 2,879 ($48.26) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 10.31% from the stock’s previous close.
Schroders plc (LON:SDR) traded up 0.69% during mid-day trading on Thursday, hitting GBX 2610.00. 313,599 shares of the company’s stock traded hands. Schroders plc has a one year low of GBX 2036.00 and a one year high of GBX 2765.00. The stock’s 50-day moving average is GBX 2574.81 and its 200-day moving average is GBX 2561.56. The company’s market cap is £7.141 billion.
A number of other firms have also recently commented on SDR. Analysts at Espirito Santo Investment Bank Research initiated coverage on shares of Schroders plc in a research note on Tuesday. They set a “buy” rating and a GBX 2,991 ($50.14) price target on the stock. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of Schroders plc in a research note on Thursday, May 22nd. They now have a GBX 2,596 ($43.52) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Schroders plc in a research note on Tuesday, May 20th. They now have a GBX 3,100 ($51.97) price target on the stock. Ten equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of GBX 2,914.69 ($48.86).
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.