Schroders (LON:SDR) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Schroders plc (LON:SDR) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 417.53 and traded as high as GBX 586.50. Schroders shares last traded at GBX 585, with a volume of 315,921,438 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on SDR shares. Jefferies Financial Group reiterated a “hold” rating and set a GBX 420 price target on shares of Schroders in a research report on Friday, January 9th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Schroders in a research report on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 413.86.

Schroders Stock Up 0.1%

The stock has a market capitalization of £9.08 billion, a PE ratio of 26.27, a price-to-earnings-growth ratio of 1.28 and a beta of 1.13. The stock has a fifty day moving average of GBX 485.73 and a 200-day moving average of GBX 419.86.

Schroders (LON:SDR) last posted its quarterly earnings results on Thursday, February 12th. The company reported GBX 36.60 earnings per share (EPS) for the quarter. Schroders had a return on equity of 12.35% and a net margin of 16.44%. Equities research analysts expect that Schroders plc will post 33.7347131 EPS 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.