Schroders (OTCMKTS:SHNWF) Raised to “Moderate Buy” at Royal Bank of Canada

Schroders (OTCMKTS:SHNWF) was upgraded by equities research analysts at Royal Bank of Canada from a “hold” rating to a “moderate buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Citigroup upgraded Schroders to a “hold” rating in a research report on Thursday, October 10th.

Schroders Price Performance

OTCMKTS:SHNWF opened at $4.09 on Wednesday. The business’s 50-day moving average price is $4.21 and its two-hundred day moving average price is $4.46. Schroders has a twelve month low of $4.00 and a twelve month high of $5.12.

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.