Schroders plc (LON:SDR) had its price objective upped by Numis Securities Ltd from GBX 3,560 ($46.98) to GBX 3,725 ($49.16) in a research report issued on Thursday, October 19th. The brokerage currently has a “hold” rating on the stock. Numis Securities Ltd’s price target points to a potential upside of 7.53% from the stock’s previous close.
Several other analysts have also issued reports on SDR. Liberum Capital restated a “hold” rating and set a GBX 3,564 ($47.03) target price on shares of Schroders plc in a research report on Thursday, October 19th. Berenberg Bank upped their price target on shares of Schroders plc from GBX 3,580 ($47.24) to GBX 3,640 ($48.03) and gave the stock a “buy” rating in a research report on Thursday, October 19th. Shore Capital reiterated a “hold” rating on shares of Schroders plc in a research report on Thursday, October 19th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 3,700 ($48.83) price target on shares of Schroders plc in a research report on Tuesday, October 3rd. Finally, J P Morgan Chase & Co upped their price target on shares of Schroders plc from GBX 3,650 ($48.17) to GBX 3,750 ($49.49) and gave the stock an “overweight” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 3,375.87 ($44.55).
Shares of Schroders plc (LON SDR) opened at 3464.00 on Thursday. The company’s 50 day moving average is GBX 3,386.78 and its 200-day moving average is GBX 3,277.49. The stock’s market capitalization is GBX 9.54 billion. Schroders plc has a 52 week low of GBX 2,712.42 and a 52 week high of GBX 3,535.00.
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In other news, insider Michael W. R. Dobson sold 213,389 shares of the business’s stock in a transaction on Tuesday, October 10th. The shares were sold at an average price of GBX 3,458 ($45.63), for a total value of £7,378,991.62 ($9,737,386.67).
Schroders plc 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.
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