Schroders plc (LON:SDRC)’s share price fell 1% during mid-day trading on Friday . The stock traded as low as GBX 2,474 ($32.65) and last traded at GBX 2,488 ($32.83). 56,873 shares were traded during mid-day trading, an increase of 58% from the average session volume of 36,086 shares. The stock had previously closed at GBX 2,513 ($33.16).
Separately, Numis Securities Ltd reissued an “add” rating and issued a GBX 2,980 ($39.32) price target on shares of Schroders plc in a research note on Thursday, October 19th.
The stock has a 50 day moving average of GBX 2,436.65 and a 200 day moving average of GBX 2,368.92. The company’s market capitalization is GBX 6.85 billion.
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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.
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