Schroders plc (LON:SDR - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 339.87 ($4.22) and traded as high as GBX 362.80 ($4.50). Schroders shares last traded at GBX 362.80 ($4.50), with a volume of 2,921,939 shares changing hands.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on SDR. JPMorgan Chase & Co. decreased their price target on Schroders from GBX 427 ($5.30) to GBX 407 ($5.05) and set an "overweight" rating for the company in a research note on Thursday, November 7th. Royal Bank of Canada decreased their target price on shares of Schroders from GBX 355 ($4.40) to GBX 330 ($4.09) and set a "sector perform" rating for the company in a research report on Thursday, November 7th.
Check Out Our Latest Stock Analysis on SDR
Schroders Trading Down 0.8 %
The company has a current ratio of 4.89, a quick ratio of 4.32 and a debt-to-equity ratio of 12.71. The firm has a 50-day moving average price of GBX 324.14 and a 200-day moving average price of GBX 339.90. The company has a market capitalization of £5.93 billion, a price-to-earnings ratio of 1,535.00, a PEG ratio of 1.28 and a beta of 1.17.
Insider Buying and Selling
In related news, insider Richard Oldfield bought 80 shares of the firm's stock in a transaction that occurred on Friday, January 10th. The shares were acquired at an average cost of GBX 313 ($3.88) per share, for a total transaction of £250.40 ($310.59). 43.09% of the stock is owned by corporate insiders.
Schroders Company Profile
(
Get Free Report)
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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