Schroders plc (LON:SDR - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 339.12 ($4.37) and traded as high as GBX 375 ($4.83). Schroders shares last traded at GBX 373.60 ($4.81), with a volume of 2,221,462 shares changing hands.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on SDR. Royal Bank of Canada reduced their price target on Schroders from GBX 355 ($4.57) to GBX 330 ($4.25) and set a "sector perform" rating for the company in a research report on Thursday, November 7th. JPMorgan Chase & Co. cut their price objective on shares of Schroders from GBX 427 ($5.50) to GBX 407 ($5.24) and set an "overweight" rating for the company in a report on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Schroders from GBX 375 ($4.83) to GBX 400 ($5.15) and gave the stock a "hold" rating in a research note on Friday.
View Our Latest Stock Report on Schroders
Schroders Stock Down 4.6 %
The stock has a market cap of £6.34 billion, a price-to-earnings ratio of 17.84, a PEG ratio of 1.28 and a beta of 1.17. The business's 50 day moving average is GBX 349.84 and its 200-day moving average is GBX 340.16. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90.
Schroders (LON:SDR - Get Free Report) last announced its earnings results on Friday, March 7th. The company reported GBX 26.40 ($0.34) EPS for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. On average, sell-side analysts predict that Schroders plc will post 33.7347131 EPS for the current fiscal year.
Insider Buying and Selling
In other news, insider Richard Oldfield bought 80 shares of the firm's stock in a transaction on Friday, January 10th. The shares were bought at an average cost of GBX 313 ($4.03) per share, for a total transaction of £250.40 ($322.68). 43.09% of the stock is currently owned by company insiders.
About Schroders
(
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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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