Liberum Capital reaffirmed their hold rating on shares of Schroders plc (LON:SDR) in a research report report published on Thursday, October 19th. The firm currently has a GBX 3,564 ($47.03) target price on the stock.
Several other brokerages have also recently weighed in on SDR. Credit Suisse Group boosted their price objective on shares of Schroders plc from GBX 3,457 ($45.62) to GBX 3,800 ($50.15) and gave the company an outperform rating in a report on Friday, July 28th. J P Morgan Chase & Co boosted their price objective on shares of Schroders plc from GBX 3,650 ($48.17) to GBX 3,750 ($49.49) and gave the company an overweight rating in a report on Friday, July 28th. Barclays PLC restated an underweight rating and issued a GBX 3,000 ($39.59) price objective on shares of Schroders plc in a report on Friday, July 28th. Citigroup Inc. lowered shares of Schroders plc to a neutral rating and set a GBX 3,760 ($49.62) price objective on the stock. in a report on Monday, July 31st. Finally, Shore Capital reiterated a hold rating on shares of Schroders plc in a research note on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 3,375.87 ($44.55).
Shares of Schroders plc (SDR) opened at 3464.00 on Thursday. Schroders plc has a 1-year low of GBX 2,712.42 and a 1-year high of GBX 3,535.00. The stock’s market cap is GBX 9.54 billion. The company’s 50-day moving average is GBX 3,386.78 and its 200-day moving average is GBX 3,277.49.
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In other news, insider Michael W. R. Dobson sold 213,389 shares of the stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of GBX 3,458 ($45.63), for a total value of £7,378,991.62 ($9,737,386.67).
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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