Schroders plc (LON:SDR - Get Free Report)'s share price shot up 0.4% during mid-day trading on Thursday . The company traded as high as GBX 313.40 ($4.00) and last traded at GBX 311.40 ($3.97). 4,576,318 shares were traded during mid-day trading, an increase of 59% from the average session volume of 2,872,499 shares. The stock had previously closed at GBX 310.20 ($3.95).
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on SDR. Royal Bank of Canada cut their target price on shares of Schroders from GBX 355 ($4.53) to GBX 330 ($4.21) and set a "sector perform" rating on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. decreased their price objective on shares of Schroders from GBX 427 ($5.44) to GBX 407 ($5.19) and set an "overweight" rating for the company in a report on Thursday, November 7th.
View Our Latest Stock Analysis on SDR
Schroders Trading Up 1.2 %
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 market cap of £5.07 billion, a PE ratio of 1,313.33, a P/E/G ratio of 1.28 and a beta of 1.17. The company's 50-day moving average is GBX 336.99 and its 200 day moving average is GBX 356.06.
Insiders Place Their Bets
In other Schroders news, insider Peter Harrison purchased 72 shares of the stock in a transaction dated Thursday, October 10th. The stock was bought at an average price of GBX 354 ($4.51) per share, for a total transaction of £254.88 ($324.94). Company insiders own 43.09% of the company's stock.
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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