Schroders (LON:SDR) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Schroders plc (LON:SDR)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 397.34 and traded as high as GBX 461.40. Schroders shares last traded at GBX 455.80, with a volume of 2,255,527 shares trading hands.

Analyst Upgrades and Downgrades

SDR has been the topic of a number of research analyst reports. Citigroup decreased their target price on Schroders from GBX 435 to GBX 430 and set a “buy” rating on the stock in a research report on Friday, October 24th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 420 target price on shares of Schroders in a research note on Friday, January 9th. Royal Bank Of Canada lifted their price target on shares of Schroders from GBX 435 to GBX 440 and gave the stock a “buy” rating in a research note on Thursday, October 30th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Schroders in a research note on Friday, January 9th. Finally, UBS Group restated a “buy” rating and issued a GBX 455 target price on shares of Schroders in a research note on Friday, October 17th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 413.86.

Schroders Price Performance

The company’s 50-day moving average is GBX 419.80 and its 200-day moving average is GBX 397.32. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The stock has a market cap of £7.09 billion, a price-to-earnings ratio of 20.49, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17.

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.