Royal Bank Of Canada Reiterates “Outperform” Rating for Schroders plc (SDR)

Schroders plc (LON:SDR)‘s stock had its “outperform” rating reiterated by research analysts at Royal Bank Of Canada in a research note issued to investors on Tuesday. They presently have a GBX 3,700 ($49.08) price objective on the stock. Royal Bank Of Canada’s price target points to a potential upside of 9.14% from the company’s previous close.

Several other equities analysts have also issued reports on SDR. Shore Capital reaffirmed a “hold” rating on shares of Schroders plc in a research report on Tuesday, August 15th. J P Morgan Chase & Co lifted their price target on Schroders plc from GBX 3,650 ($48.41) to GBX 3,750 ($49.74) and gave the stock an “overweight” rating in a research report on Friday, July 28th. Macquarie raised Schroders plc to a “neutral” rating and set a GBX 3,031 ($40.20) price target for the company in a research report on Tuesday, August 29th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 3,800 ($50.40) price target on shares of Schroders plc in a research report on Wednesday, September 27th. Finally, Numis Securities Ltd lowered Schroders plc to a “hold” rating and lowered their price target for the stock from GBX 3,750 ($49.74) to GBX 3,560 ($47.22) in a research report on Friday, September 22nd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. Schroders plc currently has a consensus rating of “Hold” and a consensus price target of GBX 3,398.73 ($45.08).

Shares of Schroders plc (LON SDR) opened at 3403.00 on Tuesday. Schroders plc has a one year low of GBX 2,712.42 and a one year high of GBX 3,522.00. The stock’s market cap is GBX 9.37 billion. The stock has a 50 day moving average of GBX 3,336.94 and a 200 day moving average of GBX 3,233.54.

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About Schroders plc

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.

Analyst Recommendations for Schroders plc (LON:SDR)

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