Brokerages Set Schroders plc (LON:SDR) Target Price at GBX 409.57

Schroders plc (LON:SDR) has been assigned an average recommendation of “Hold” from the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 409.57.

A number of research firms recently issued reports on SDR. Citigroup dropped their price target on Schroders from GBX 435 to GBX 430 and set a “buy” rating on the stock in a research note on Friday, October 24th. Deutsche Bank Aktiengesellschaft increased their price objective on Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a report on Monday, October 6th. JPMorgan Chase & Co. lifted their target price on shares of Schroders from GBX 386 to GBX 395 and gave the company a “neutral” rating in a report on Monday, October 20th. UBS Group reiterated a “buy” rating and set a GBX 455 price target on shares of Schroders in a research note on Friday, October 17th. Finally, Royal Bank Of Canada lifted their price objective on shares of Schroders from GBX 435 to GBX 440 and gave the company a “buy” rating in a research note on Thursday, October 30th.

Schroders Price Performance

Shares of SDR opened at GBX 384.60 on Thursday. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32. Schroders has a 1-year low of GBX 283.40 and a 1-year high of GBX 428.80. The stock has a market cap of £5.96 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The firm has a fifty day moving average price of GBX 386.40 and a 200 day moving average price of GBX 381.40.

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.