Schroders plc (SDR) Receives Average Recommendation of “Hold” from Brokerages

Schroders plc (LON:SDR) has been assigned an average rating of “Hold” from the fourteen ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 3,442.15 ($48.26).

A number of research analysts recently commented on the stock. Liberum Capital reaffirmed a “hold” rating and issued a GBX 3,564 ($49.97) target price on shares of Schroders in a research report on Thursday, October 19th. Berenberg Bank increased their target price on shares of Schroders from GBX 3,580 ($50.20) to GBX 3,640 ($51.04) and gave the company a “buy” rating in a research report on Thursday, October 19th. Shore Capital reaffirmed a “hold” rating on shares of Schroders in a research report on Thursday, October 19th. Numis Securities increased their target price on shares of Schroders from GBX 3,560 ($49.92) to GBX 3,725 ($52.23) and gave the company a “hold” rating in a research report on Thursday, October 19th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 3,550 ($49.78) target price on shares of Schroders in a research report on Friday, October 20th.

In other Schroders news, insider Michael W. R. Dobson sold 9,822 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of GBX 3,512 ($49.24), for a total transaction of £344,948.64 ($483,663.26). Also, insider Michael W. R. Dobson sold 22,485 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of GBX 3,499 ($49.06), for a total transaction of £786,750.15 ($1,103,126.96). Insiders have sold a total of 83,985 shares of company stock worth $294,456,303 over the last three months.

Shares of Schroders (LON SDR) opened at GBX 3,635 ($50.97) on Tuesday. Schroders has a 52-week low of GBX 2,914.80 ($40.87) and a 52-week high of GBX 3,784 ($53.06). The company has a market cap of $9,860.00 and a P/E ratio of 1,903.14.

ILLEGAL ACTIVITY WARNING: “Schroders plc (SDR) Receives Average Recommendation of “Hold” from Brokerages” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another domain, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The legal version of this story can be accessed at https://www.americanbankingnews.com/2018/02/06/schroders-plc-sdr-receives-average-recommendation-of-hold-from-brokerages.html.

About Schroders

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 (LON:SDR)

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

Leave a Reply