Schroders plc (LON:SDR) insider Massimo Tosato bought 10 shares of the firm’s stock in a transaction that occurred on Monday, October 10th. The stock was purchased at an average cost of GBX 2,763 ($34.20) per share, with a total value of £276.30 ($341.96).

Schroders plc (LON:SDR) opened at 2796.00 on Wednesday. The firm’s market cap is GBX 7.68 billion. Schroders plc has a 1-year low of GBX 1,960.00 and a 1-year high of GBX 3,067.00. The company has a 50-day moving average price of GBX 2,748.32 and a 200-day moving average price of GBX 2,610.23.

Insider Buying and Selling by Quarter for Schroders plc (LON:SDR)

The firm also recently disclosed a dividend, which was paid on Thursday, September 22nd. Shareholders of record on Thursday, August 18th were paid a GBX 29 ($0.36) dividend. The ex-dividend date was Thursday, August 18th. This represents a yield of 1.15%.

Several equities analysts recently weighed in on the stock. Jefferies Group decreased their target price on shares of Schroders plc from GBX 3,103 ($38.40) to GBX 2,705 ($33.48) and set a “buy” rating for the company in a research note on Tuesday, July 5th. Shore Capital reaffirmed a “buy” rating on shares of Schroders plc in a report on Thursday, July 28th. BNP Paribas reaffirmed a “neutral” rating and set a GBX 2,600 ($32.18) price target on shares of Schroders plc in a report on Friday, July 29th. JPMorgan Chase & Co. raised their price target on Schroders plc from GBX 3,000 ($37.13) to GBX 3,200 ($39.60) and gave the company an “overweight” rating in a report on Tuesday, September 13th. Finally, Royal Bank Of Canada cut their price target on Schroders plc from GBX 3,000 ($37.13) to GBX 2,900 ($35.89) and set an “outperform” rating for the company in a report on Friday, July 15th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 2,874.50 ($35.58).

About Schroders plc

Schroders plc (Schroders) is the parent company of an international asset management and private banking group. Schroders operates three business segments: Asset Management, Private Banking and Group. Asset Management includes three divisions: Investment, which consists of its portfolio management, research and dealing functions across a product range covering equities, fixed income, multi-asset and alternatives; Distribution, which employs people globally, specialising in sales, client service, marketing, product development and product management, and serving institutional and intermediary sales channels, and Infrastructure, which employs people in the information technology, operations, finance, risk management, human resources, legal, compliance and internal audit.

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