Schroders plc (LON:SDR)’s share price dropped 0% during mid-day trading on Tuesday . The company traded as low as GBX 3,717 ($52.20) and last traded at GBX 3,718 ($52.21). Approximately 400,832 shares traded hands during trading, an increase of 85% from the average daily volume of 216,421 shares. The stock had previously closed at GBX 3,718 ($52.21).
SDR has been the subject of a number of analyst reports. Shore Capital reiterated a “hold” rating on shares of Schroders in a research note on Thursday, October 19th. Numis Securities reiterated an “add” rating and set a GBX 2,980 ($41.85) price target on shares of Schroders in a research note on Friday, October 20th. JPMorgan Chase & Co. lifted their price target on Schroders from GBX 3,600 ($50.55) to GBX 3,700 ($51.96) and gave the company a “neutral” rating in a research note on Wednesday, January 24th. Credit Suisse Group reiterated an “outperform” rating and set a GBX 3,800 ($53.36) price target on shares of Schroders in a research note on Tuesday, November 21st. Finally, Berenberg Bank lifted their price target on Schroders from GBX 3,580 ($50.27) to GBX 3,640 ($51.12) and gave the company a “buy” rating in a research note on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company’s stock. Schroders has a consensus rating of “Hold” and an average price target of GBX 3,403.69 ($47.80).
The company has a market capitalization of $9,900.00 and a P/E ratio of 1,946.60.
In other news, insider Michael W. R. Dobson sold 51,678 shares of the business’s stock in a transaction that occurred on Thursday, November 23rd. The stock was sold at an average price of GBX 3,508 ($49.26), for a total value of £1,812,864.24 ($2,545,800.08). Also, insider Richard Keers bought 8 shares of the business’s stock in a transaction dated Monday, December 11th. The stock was acquired at an average price of GBX 3,465 ($48.66) per share, for a total transaction of £277.20 ($389.27). Insiders sold a total of 83,985 shares of company stock worth $294,456,303 in the last 90 days.
WARNING: “Schroders (SDR) Stock Price Down 0%” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of U.S. & international copyright laws. The legal version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/01/30/schroders-sdr-stock-price-down-0.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.