Schroders (LON:SDR) Price Target Raised to GBX 400

Schroders (LON:SDR) had its price target hoisted by research analysts at Deutsche Bank Aktiengesellschaft from GBX 375 ($4.83) to GBX 400 ($5.15) in a research report issued on Friday,Digital Look reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential downside of 1.96% from the stock’s previous close.

Several other research firms have also recently issued reports on SDR. Royal Bank of Canada cut their target price on Schroders from GBX 355 ($4.57) to GBX 330 ($4.25) and set a “sector perform” rating for the company in a research report on Thursday, November 7th. JPMorgan Chase & Co. cut their price objective on shares of Schroders from GBX 427 ($5.50) to GBX 407 ($5.24) and set an “overweight” rating for the company in a report on Thursday, November 7th.

Schroders Stock Performance

SDR opened at GBX 407.99 ($5.26) on Friday. The company’s 50 day moving average is GBX 349.84 and its 200 day moving average is GBX 340.16. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95. The company has a market cap of £6.33 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 1.28 and a beta of 1.17. Schroders has a 12-month low of GBX 298.60 ($3.85) and a 12-month high of GBX 428.80 ($5.53).

Schroders (LON:SDR) last issued its quarterly earnings results on Friday, March 7th. The company reported GBX 26.40 ($0.34) EPS for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. On average, equities research analysts predict that Schroders will post 33.7347131 EPS for the current year.

Insider Activity at Schroders

In other news, insider Richard Oldfield acquired 80 shares of the company’s stock in a transaction that occurred on Friday, January 10th. The shares were bought at an average price of GBX 313 ($4.03) per share, with a total value of £250.40 ($322.68). 43.09% of the stock is owned by company insiders.

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.