Meagen Burnett Buys 48 Shares of Schroders (LON:SDR) Stock

Schroders plc (LON:SDR) insider Meagen Burnett acquired 48 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were bought at an average price of GBX 416 per share, for a total transaction of £199.68.

Meagen Burnett also recently made the following trade(s):

• On Monday, November 10th, Meagen Burnett bought 52 shares of Schroders stock. The stock was purchased at an average price of GBX 389 per share, with a total value of £202.28.

Schroders Stock Performance

Shares of LON SDR opened at GBX 417.40 on Thursday. The stock has a fifty day moving average price of GBX 395.96 and a two-hundred day moving average price of GBX 388.38. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90. The firm has a market cap of £6.47 billion, a P/E ratio of 18.72, a PEG ratio of 1.28 and a beta of 1.17. Schroders plc has a 1 year low of GBX 283.40 and a 1 year high of GBX 428.80.

Analysts Set New Price Targets

SDR has been the subject of a number of recent research reports. UBS Group reiterated a “buy” rating and set a GBX 455 price objective on shares of Schroders in a research report on Friday, October 17th. Royal Bank Of Canada boosted their target price on Schroders from GBX 435 to GBX 440 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 420 target price on shares of Schroders in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft increased their price target on Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a research report on Monday, October 6th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Schroders in a report on Friday, January 9th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 413.86.

Schroders Company Profile

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. The firm launches and manages equity mutual funds and manages fixed income mutual funds for its clients. It also manages hedge for its clients. The firm invests in the public equity, fixed income, and alternative investment markets across the globe.