Schroders plc (LON:SDR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Schroders plc (LON:SDR) have received an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 413.86.

A number of analysts have recently issued reports on the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 420 price target on shares of Schroders in a report on Friday, January 9th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Schroders in a research report on Friday, January 9th.

Schroders Trading Down 0.0%

Shares of LON:SDR opened at GBX 572.72 on Friday. The company has a debt-to-equity ratio of 20.74, a current ratio of 92.37 and a quick ratio of 4.32. Schroders has a 1 year low of GBX 283.40 and a 1 year high of GBX 599.50. The company has a market cap of £8.88 billion, a P/E ratio of 17.05, a PEG ratio of 1.28 and a beta of 1.23. The stock’s fifty day moving average price is GBX 536.15 and its 200-day moving average price is GBX 441.36.

Schroders (LON:SDR) last released its quarterly earnings data on Thursday, February 12th. The company reported GBX 36.60 EPS for the quarter. Schroders had a return on equity of 12.35% and a net margin of 16.44%. Sell-side analysts expect that Schroders will post 33.7347131 earnings per share for the current year.

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.