Schroders plc (LON:SDR)‘s stock had its “outperform” rating reiterated by analysts at Credit Suisse Group in a report issued on Tuesday. They presently have a GBX 3,800 ($49.98) price target on the stock. Credit Suisse Group’s target price would suggest a potential upside of 9.38% from the company’s current price.

A number of other research firms have also recently commented on SDR. Shore Capital reiterated a “hold” rating on shares of Schroders plc in a report on Thursday, October 19th. Berenberg Bank upped their price objective on Schroders plc from GBX 3,580 ($47.09) to GBX 3,640 ($47.88) and gave the company a “buy” rating in a report on Thursday, October 19th. Liberum Capital reiterated a “hold” rating and issued a GBX 3,564 ($46.88) price objective on shares of Schroders plc in a report on Thursday, October 19th. Numis Securities Ltd upped their price objective on Schroders plc from GBX 3,560 ($46.82) to GBX 3,725 ($48.99) and gave the company a “hold” rating in a report on Thursday, October 19th. Finally, J P Morgan Chase & Co upped their price objective on Schroders plc from GBX 3,650 ($48.01) to GBX 3,750 ($49.32) and gave the company an “overweight” rating in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 3,375.87 ($44.40).

Schroders plc (LON:SDR) traded down GBX 16 ($0.21) on Tuesday, reaching GBX 3,474 ($45.69). The company had a trading volume of 246,755 shares, compared to its average volume of 308,013. Schroders plc has a 12-month low of GBX 2,712.42 ($35.68) and a 12-month high of GBX 3,548 ($46.67).

TRADEMARK VIOLATION NOTICE: “Schroders plc (SDR) Given “Outperform” Rating at Credit Suisse Group” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/11/23/schroders-plc-sdr-given-outperform-rating-at-credit-suisse-group.html.

In other news, insider Michael W. R. Dobson sold 22,485 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of GBX 3,499 ($46.02), for a total value of £786,750.15 ($1,034,789.10). Also, insider Michael W. R. Dobson sold 9,822 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of GBX 3,512 ($46.19), for a total value of £344,948.64 ($453,700.70). Insiders have sold 245,696 shares of company stock worth $851,069,041 over the last 90 days.

About Schroders plc

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.

Analyst Recommendations for Schroders plc (LON:SDR)

Receive News & Ratings for Schroders plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroders plc and related companies with MarketBeat.com's FREE daily email newsletter.