Schroders plc (LON:SDR) Receives Average Rating of “Moderate Buy” from Analysts

Schroders plc (LON:SDR) has earned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 453.33.

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

Schroders Stock Performance

LON SDR opened at GBX 584.50 on Friday. The company has a market cap of £9.11 billion, a P/E ratio of 17.40, 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. The stock has a 50-day moving average of GBX 581.27 and a two-hundred day moving average of GBX 521.55. Schroders has a 1-year low of GBX 357.20 and a 1-year high of GBX 599.50.

Insider Activity

In related news, insider Richard Oldfield acquired 44 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was acquired at an average price of GBX 581 per share, for a total transaction of £255.64. In the last three months, insiders bought 268 shares of company stock valued at $155,803. Company insiders own 1.72% of the company’s stock.

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.