Schroders (LON:SDR) Price Target Lowered to GBX 330 at Royal Bank of Canada

Schroders (LON:SDR) had its price objective reduced by Royal Bank of Canada from GBX 355 ($4.62) to GBX 330 ($4.30) in a research note published on Thursday morning, MarketBeat reports. They currently have a sector perform rating on the stock.

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Schroders in a research report on Tuesday, September 3rd.

Schroders Stock Performance

LON SDR opened at GBX 302.40 ($3.94) on Thursday. The company has a market cap of £4.87 billion, a P/E ratio of 1,260.00, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a debt-to-equity ratio of 12.71, a quick ratio of 4.32 and a current ratio of 4.89. The business’s 50 day moving average price is GBX 346.67 and its 200-day moving average price is GBX 361.98. Schroders has a fifty-two week low of GBX 298.80 ($3.89) and a fifty-two week high of GBX 447.60 ($5.83).

Insider Activity

In other Schroders news, insider Peter Harrison acquired 72 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The stock was bought at an average price of GBX 354 ($4.61) per share, for a total transaction of £254.88 ($331.79). In other Schroders news, insider Richard Oldfield acquired 75 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The stock was bought at an average price of GBX 337 ($4.39) per share, for a total transaction of £252.75 ($329.02). Also, insider Peter Harrison acquired 72 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were acquired at an average price of GBX 354 ($4.61) per share, with a total value of £254.88 ($331.79). In the last 90 days, insiders have purchased 219 shares of company stock valued at $75,099. 43.09% of the stock is currently owned by 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.