Schroders plc (LON:SDR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Schroders plc (LON:SDR) have been given an average rating of “Moderate Buy” by the six brokerages that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 453.33.

Separately, Citigroup downgraded shares of Schroders to a “neutral” rating and lifted their target price for the company from GBX 460 to GBX 590 in a report on Thursday, April 30th.

Insiders Place Their Bets

In related news, insider Richard Oldfield bought 44 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of GBX 581 per share, for a total transaction of £255.64. In the last three months, insiders have purchased 249 shares of company stock valued at $144,859. 1.73% of the stock is currently owned by company insiders.

Schroders Price Performance

Shares of LON SDR opened at GBX 582.59 on Monday. The company has a 50 day simple moving average of GBX 577.72 and a 200-day simple moving average of GBX 495.21. The company has a market capitalization of £9.08 billion, a P/E ratio of 17.34, a P/E/G ratio of 1.28 and a beta of 1.08. The company has a debt-to-equity ratio of 20.74, a current ratio of 92.37 and a quick ratio of 4.32. Schroders has a 1 year low of GBX 334 and a 1 year high of GBX 599.50.

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.