Schroders plc Given Average Recommendation of “Buy” by Analysts (LON:SDR)
Schroders plc (LON:SDR) has earned a consensus recommendation of “Buy” from the twenty brokerages that are covering the stock, AmericanBankingNews.com reports. Ten equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 2,914.69 ($49.48).
SDR has been the subject of a number of recent research reports. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Schroders plc in a research note on Thursday, June 12th. They now have a GBX 2,596 ($44.07) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Schroders plc in a research note on Friday, June 6th. They now have a GBX 3,100 ($52.62) price target on the stock. Finally, analysts at Liberum Capital initiated coverage on shares of Schroders plc in a research note on Thursday, June 5th. They set a “buy” rating and a GBX 2,879 ($48.87) price target on the stock.
Schroders plc (LON:SDR) opened at 2550.00 on Wednesday. Schroders plc has a one year low of GBX 2036.00 and a one year high of GBX 2765.00. The stock has a 50-day moving average of GBX 2592. and a 200-day moving average of GBX 2570.. The company’s market cap is £6.977 billion.
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.