FY2019 Earnings Forecast for Schroders (SHNWF) Issued By Jefferies Group
Schroders (OTCMKTS:SHNWF) – Equities researchers at Jefferies Group issued their FY2019 earnings estimates for shares of Schroders in a report issued on Monday. Jefferies Group analyst P. Dobbin forecasts that the financial services provider will earn $3.21 per share for the year.
Other analysts have also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Schroders from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research note on Thursday. Numis Securities cut shares of Schroders from an “add” rating to a “hold” rating in a research note on Sunday, September 24th. Finally, JPMorgan Chase & Co. cut shares of Schroders from an “overweight” rating to a “neutral” rating in a research note on Thursday, September 21st. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $55.00.
Shares of Schroders (OTCMKTS:SHNWF) traded up $0.08 during midday trading on Thursday, hitting $49.38. 300 shares of the company traded hands, compared to its average volume of 464. Schroders has a 12-month low of $36.35 and a 12-month high of $49.50.
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.
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