Schroders plc Given Neutral Rating at HSBC (SDR)
Schroders plc (LON:SDR)‘s stock had its “neutral” rating reiterated by HSBC in a research note issued on Tuesday. They currently have a GBX 2,750 ($47.17) price target on the stock. HSBC’s target price indicates a potential upside of 8.78% from the company’s current price.
SDR has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd upgraded shares of Schroders plc to a “buy” rating in a research note on Wednesday, July 2nd. They now have a GBX 3,087 ($52.95) 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, June 12th. They now have a GBX 2,596 ($44.53) price target on the stock. Finally, 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 ($53.17) price target on the stock. Nine research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Schroders plc currently has an average rating of “Buy” and a consensus price target of GBX 2,913.44 ($49.97).
Shares of Schroders plc (LON:SDR) opened at 2512.00 on Tuesday. Schroders plc has a 1-year low of GBX 2259.00 and a 1-year high of GBX 2765.00. The stock has a 50-day moving average of GBX 2566.63 and a 200-day moving average of GBX 2580.31. The company’s market cap is £6.873 billion.
Schroders plc (LON:SDR) is the parent company of an international asset management and private banking group.
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