Schroders plc (LON:SDR) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 3,653 ($49.54) and last traded at GBX 3,653 ($49.54), with a volume of 184004 shares traded. The stock had previously closed at GBX 3,653 ($49.54).
Several research firms have recently issued reports on SDR. Credit Suisse Group reissued an “outperform” rating and issued a GBX 3,800 ($51.53) price target on shares of Schroders in a research note on Tuesday, November 21st. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 3,550 ($48.14) price target on shares of Schroders in a research note on Friday, October 20th. Numis Securities reissued an “add” rating and issued a GBX 2,980 ($40.41) price target on shares of Schroders in a research note on Friday, October 20th. Shore Capital reissued a “hold” rating on shares of Schroders in a research note on Thursday, October 19th. Finally, Berenberg Bank increased their price target on Schroders from GBX 3,580 ($48.55) to GBX 3,640 ($49.36) and gave the stock a “buy” rating in a research note on Thursday, October 19th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 3,375.87 ($45.78).
The company has a market cap of $9,720.00 and a P/E ratio of 1,912.57.
In other news, insider Michael W. R. Dobson sold 9,822 shares of the company’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of GBX 3,512 ($47.63), for a total transaction of £344,948.64 ($467,790.40). Also, insider Michael W. R. Dobson sold 22,485 shares of the company’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of GBX 3,499 ($47.45), for a total value of £786,750.15 ($1,066,924.53). Over the last ninety days, insiders have sold 83,985 shares of company stock valued at $294,456,303.
COPYRIGHT VIOLATION WARNING: “Schroders (SDR) Reaches New 52-Week High at $3,653.00” was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://www.dispatchtribunal.com/2018/01/15/schroders-sdr-reaches-new-52-week-high-at-3653-00.html.
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.
Receive News & Ratings for Schroders Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroders and related companies with MarketBeat.com's FREE daily email newsletter.