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

Schroders plc (LON:SDR) has been assigned an average recommendation of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 453.33.

Separately, Citigroup cut Schroders to a “neutral” rating and upped their price objective for the company from GBX 460 to GBX 590 in a research note on Thursday, April 30th.

Schroders Stock Performance

Shares of SDR stock opened at GBX 588 on Tuesday. The company has a debt-to-equity ratio of 20.74, a quick ratio of 4.32 and a current ratio of 92.37. Schroders has a one year low of GBX 358.60 and a one year high of GBX 599.50. The company’s 50-day simple moving average is GBX 583.72 and its 200-day simple moving average is GBX 544.93. The stock has a market capitalization of £9.17 billion, a price-to-earnings ratio of 17.50, a PEG ratio of 1.28 and a beta of 1.08.

Insider Buying and Selling at Schroders

In other news, insider Richard Oldfield purchased 43 shares of the stock in a transaction dated Wednesday, June 10th. The stock was acquired at an average cost of GBX 584 per share, for a total transaction of £251.12. In the last ninety days, insiders purchased 173 shares of company stock valued at $100,798. 1.72% of the stock is currently owned by insiders.

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.