Schroders plc (LON:SDR)’s share price traded down 0% during trading on Tuesday . The stock traded as low as GBX 3,349 ($46.27) and last traded at GBX 3,349 ($46.27). 330,485 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 337,905 shares. The stock had previously closed at GBX 3,349 ($46.27).
Several equities analysts recently commented on the company. Credit Suisse Group increased their target price on Schroders from GBX 3,800 ($52.50) to GBX 4,300 ($59.41) and gave the company an “outperform” rating in a report on Wednesday, January 31st. JPMorgan Chase & Co. increased their target price on Schroders from GBX 3,600 ($49.74) to GBX 3,700 ($51.12) and gave the company a “neutral” rating in a report on Wednesday, January 24th. Numis Securities reissued an “add” rating and issued a GBX 2,980 ($41.17) target price on shares of Schroders in a report on Friday, October 20th. Shore Capital reissued a “hold” rating on shares of Schroders in a report on Thursday, October 19th. Finally, Berenberg Bank increased their target price on Schroders from GBX 3,580 ($49.46) to GBX 3,640 ($50.29) and gave the company a “buy” rating in a report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 3,442.15 ($47.56).
The firm has a market cap of $8,940.00 and a P/E ratio of 1,781.68.
In other news, insider Michael W. R. Dobson sold 9,822 shares of the stock in a transaction dated Friday, November 17th. The shares were sold at an average price of GBX 3,512 ($48.52), for a total transaction of £344,948.64 ($476,580.05). Also, insider Michael W. R. Dobson sold 22,485 shares of the stock in a transaction dated Monday, November 20th. The stock was sold at an average price of GBX 3,499 ($48.34), for a total transaction of £786,750.15 ($1,086,971.75). Insiders sold 83,985 shares of company stock valued at $294,456,303 in the last 90 days.
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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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