Schroders (LON:SDR) Price Target Raised to GBX 400

Schroders (LON:SDR - Free Report) had its target price raised by Deutsche Bank Aktiengesellschaft from GBX 375 ($4.85) to GBX 400 ($5.17) in a research report released on Friday, MarketBeat.com reports. The firm currently has a hold rating on the stock.

Several other equities analysts have also recently weighed in on SDR. Royal Bank of Canada cut their price objective on Schroders from GBX 355 ($4.59) to GBX 330 ($4.27) and set a "sector perform" rating for the company in a research report on Thursday, November 7th. JPMorgan Chase & Co. reduced their price objective on Schroders from GBX 427 ($5.52) to GBX 407 ($5.26) and set an "overweight" rating for the company in a research report on Thursday, November 7th.

Schroders Stock Down 1.5 %

LON SDR traded down GBX 6.23 ($0.08) during trading on Friday, hitting GBX 402.20 ($5.20). 4,241,393 shares of the company traded hands, compared to its average volume of 6,891,436. The company has a market capitalization of £6.24 billion, a P/E ratio of 17.56, a PEG ratio of 1.28 and a beta of 1.17. The business has a fifty day simple moving average of GBX 351.74 and a 200 day simple moving average of GBX 340.67. Schroders has a 12 month low of GBX 298.60 ($3.86) and a 12 month high of GBX 428.80 ($5.54). The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95.

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Schroders (LON:SDR - Get Free Report) last issued its quarterly earnings data on Friday, March 7th. The company reported GBX 26.40 ($0.34) earnings per share for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. As a group, sell-side analysts predict that Schroders will post 33.7347131 EPS for the current year.

Insider Activity at Schroders

In other news, insider Richard Oldfield bought 80 shares of Schroders stock in a transaction that occurred on Friday, January 10th. The stock was purchased at an average cost of GBX 313 ($4.05) per share, with a total value of £250.40 ($323.68). 43.09% of the stock is owned by corporate insiders.

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.