Schroders plc Receives “Buy” Rating from Liberum Capital (SDR)
Schroders plc (LON:SDR)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research note issued to investors on Friday. They currently have a GBX 2,702 ($45.47) target price on the stock. Liberum Capital’s price objective indicates a potential upside of 22.10% from the company’s current price.
A number of other firms have also recently commented on SDR. Analysts at Barclays reiterated an “overweight” rating on shares of Schroders plc in a research note on Tuesday. They now have a GBX 2,960 ($49.81) price target on the stock. Separately, analysts at Berenberg Bank cut their price target on shares of Schroders plc from GBX 3,050 ($51.32) to GBX 2,900 ($48.80) in a research note on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Schroders plc from GBX 2,300 ($38.70) to GBX 2,500 ($42.07) in a research note on Friday, August 1st. They now have a “hold” rating on the stock. Seven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Schroders plc has an average rating of “Buy” and an average target price of GBX 2,853.72 ($48.02).
Schroders plc (LON:SDR) traded down 2.68% on Friday, hitting GBX 2213.00. 843,464 shares of the company’s stock traded hands. Schroders plc has a 1-year low of GBX 2175.00 and a 1-year high of GBX 2765.00. The stock has a 50-day moving average of GBX 2467. and a 200-day moving average of GBX 2556.. The company’s market cap is £5.968 billion.
The company also recently declared a dividend, which is scheduled for Thursday, September 25th. Investors of record on Wednesday, August 13th will be given a dividend of GBX 24 ($0.40) per share. This represents a yield of 1%. The ex-dividend date of this dividend is Wednesday, August 13th.
Schroders plc (LON:SDR) is the parent company of an international asset management and private banking group.
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