Macquarie upgraded shares of Schroders Plc (OTC:SHNWF) from an underperform rating to a neutral rating in a research note issued to investors on Tuesday morning, reports.

A number of other research firms have also weighed in on SHNWF. Berenberg Bank started coverage on Schroders Plc in a research note on Thursday, June 15th. They issued a buy rating for the company. Citigroup Inc. lowered Schroders Plc from a buy rating to a neutral rating in a research note on Monday, July 31st.

Schroders Plc (OTC:SHNWF) opened at 44.24 on Tuesday. Schroders Plc has a 12 month low of $33.12 and a 12 month high of $46.09. The stock’s 50 day moving average price is $44.41 and its 200-day moving average price is $40.95. The company has a market capitalization of $12.18 billion and a P/E ratio of 18.01.

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About Schroders Plc

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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