Richard Oldfield Purchases 60 Shares of Schroders (LON:SDR) Stock

Schroders plc (LON:SDR) insider Richard Oldfield purchased 60 shares of Schroders stock in a transaction dated Monday, January 12th. The shares were acquired at an average cost of GBX 416 per share, for a total transaction of £249.60.

Richard Oldfield also recently made the following trade(s):

• On Monday, November 10th, Richard Oldfield acquired 10 shares of Schroders stock. The stock was acquired at an average price of GBX 389 per share, with a total value of GBX 3,890.

Schroders Price Performance

Shares of SDR opened at GBX 417.40 on Thursday. The company 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 fifty-two week low of GBX 283.40 and a fifty-two week high of GBX 428.80. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The firm’s 50 day moving average price is GBX 395.96 and its 200 day moving average price is GBX 388.38.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SDR shares. Citigroup reduced their price target on Schroders from GBX 435 to GBX 430 and set a “buy” rating on the stock in a research report on Friday, October 24th. Deutsche Bank Aktiengesellschaft boosted their price objective on Schroders from GBX 400 to GBX 420 and gave the stock a “hold” rating in a research report on Monday, October 6th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 420 target price on shares of Schroders in a report on Friday, January 9th. UBS Group reiterated a “buy” rating and set a GBX 455 price target on shares of Schroders in a report on Friday, October 17th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Schroders in a research report on Friday, January 9th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 413.86.

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. 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.