Zacks Investment Research upgraded shares of Schroders (OTCMKTS:SHNWF) from a hold rating to a buy rating in a research report report published on Friday morning. The brokerage currently has $51.00 price objective on the financial services provider’s stock.
According to Zacks, “Schroders plc is an asset management company. It manages on behalf of institutional, retail investors, financial institutions and high net worth clients. The company operates primarily in Europe, Asia, the Americas, the Middle East and Africa. Schroders plc is headquartered in London, United Kingdom. “
Separately, ValuEngine downgraded shares of Schroders from a buy rating to a hold rating in a research note on Monday, April 2nd. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $51.00.
Shares of SHNWF opened at $46.33 on Friday. Schroders has a twelve month low of $38.65 and a twelve month high of $53.15.
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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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