Schroders plc Rating Reiterated by Societe Generale (SDR)
Schroders plc (LON:SDR)‘s stock had its “hold” rating reaffirmed by equities research analysts at Societe Generale in a research note issued to investors on Monday. They currently have a GBX 2,800 ($47.55) price target on the stock. Societe Generale’s price objective suggests a potential upside of 12.87% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital upgraded shares of Schroders plc to an “outperform” rating in a research note on Monday, July 21st. They now have a GBX 2,800 ($47.55) price target on the stock. Separately, analysts at Macquarie reiterated an “outperform” rating on shares of Schroders plc in a research note on Wednesday, July 16th. They now have a GBX 3,133 ($53.20) price target on the stock. Finally, analysts at HSBC reiterated a “neutral” rating on shares of Schroders plc in a research note on Tuesday, July 8th. They now have a GBX 2,750 ($46.70) price target on the stock. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 2,912.24 ($49.45).
Schroders plc (LON:SDR) traded down 0.44% during mid-day trading on Monday, hitting GBX 2494.00. The stock had a trading volume of 153,237 shares. Schroders plc has a 1-year low of GBX 2265.00 and a 1-year high of GBX 2765.00. The stock’s 50-day moving average is GBX 2527.56 and its 200-day moving average is GBX 2571.11. The company’s market cap is £6.824 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.