Citigroup Inc. Lowers Schroders Plc (SHNWF) to Neutral
Schroders Plc (OTCMKTS:SHNWF) was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating in a note issued to investors on Monday.
A number of other research firms have also recently weighed in on SHNWF. Zacks Investment Research upgraded shares of Schroders Plc from a “hold” rating to a “strong-buy” rating and set a $47.00 target price on the stock in a research note on Thursday, July 13th. Berenberg Bank assumed coverage on shares of Schroders Plc in a research report on Thursday, June 15th. They issued a “buy” rating on the stock.
Schroders Plc (OTCMKTS SHNWF) remained flat at $45.61 on Monday. Schroders Plc has a 12-month low of $33.12 and a 12-month high of $45.61. The stock has a market cap of $12.56 billion and a P/E ratio of 18.42. The company’s 50 day moving average price is $41.17 and its 200 day moving average price is $39.58.
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