Schroders (LON:SDR) Earns “Overweight” Rating from JPMorgan Chase & Co.

Schroders (LON:SDR)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research note issued to investors on Friday,Digital Look reports.

A number of other research firms have also recently weighed in on SDR. Citigroup lowered their target price on shares of 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 raised their price target on Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a report on Monday, October 6th. UBS Group restated a “buy” rating and issued a GBX 455 price objective on shares of Schroders in a research report on Friday, October 17th. Royal Bank Of Canada upped their price objective on Schroders from GBX 435 to GBX 440 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a GBX 420 target price on shares of Schroders in a research report on Friday. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 413.86.

Schroders Price Performance

LON:SDR traded up GBX 9 during trading hours on Friday, hitting GBX 417.80. 1,065,263 shares of the stock traded hands, compared to its average volume of 6,351,717. The company has a market cap of £6.48 billion, a price-to-earnings ratio of 18.74, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. Schroders has a 1 year low of GBX 283.40 and a 1 year high of GBX 428.80. The stock has a 50 day moving average price of GBX 393.45 and a 200 day moving average price of GBX 386.79. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95.

About Schroders

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. The firm launches and manages equity mutual funds and manages fixed income mutual funds for its clients. It also manages hedge for its clients. The firm invests in the public equity, fixed income, and alternative investment markets across the globe.