Schroders plc (LON:SDR) Insider Purchases £250.40 in Stock

Schroders plc (LON:SDR) insider Richard Oldfield bought 80 shares of the firm’s stock in a transaction that occurred on Friday, January 10th. The shares were purchased at an average cost of GBX 313 ($3.82) per share, for a total transaction of £250.40 ($305.70).

Schroders Price Performance

Shares of Schroders stock opened at GBX 307.80 ($3.76) on Wednesday. The firm has a market cap of £4.96 billion, a P/E ratio of 1,282.50, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The firm’s 50-day simple moving average is GBX 315.64 and its 200-day simple moving average is GBX 343.63. Schroders plc has a twelve month low of GBX 298.60 ($3.65) and a twelve month high of GBX 425 ($5.19). The company has a debt-to-equity ratio of 12.71, a quick ratio of 4.32 and a current ratio of 4.89.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. JPMorgan Chase & Co. reduced their price objective on Schroders from GBX 427 ($5.21) to GBX 407 ($4.97) and set an “overweight” rating for the company in a research report on Thursday, November 7th. Royal Bank of Canada cut their target price on Schroders from GBX 355 ($4.33) to GBX 330 ($4.03) and set a “sector perform” rating for the company in a research note on Thursday, November 7th.

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.