Jefferies Financial Group Reaffirms Hold Rating for Schroders (LON:SDR)

Schroders (LON:SDR)‘s stock had its “hold” rating reissued by equities researchers at Jefferies Financial Group in a note issued to investors on Friday,Digital Look reports. They currently have a GBX 420 price objective on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 0.53% from the stock’s previous close.

Other research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a research note on Monday, October 6th. UBS Group reaffirmed a “buy” rating and issued a GBX 455 target price on shares of Schroders in a research report on Friday, October 17th. Citigroup dropped their price target on Schroders from GBX 435 to GBX 430 and set a “buy” rating for the company in a report on Friday, October 24th. JPMorgan Chase & Co. boosted their price target on Schroders from GBX 386 to GBX 395 and gave the company a “neutral” rating in a research note on Monday, October 20th. Finally, Royal Bank Of Canada increased their price objective on Schroders from GBX 435 to GBX 440 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 413.86.

Schroders Stock Performance

Shares of SDR stock traded up GBX 9 during trading on Friday, reaching GBX 417.80. 1,065,263 shares of the company’s stock were exchanged, compared to its average volume of 6,351,717. Schroders has a twelve month low of GBX 283.40 and a twelve month high of GBX 428.80. The firm’s fifty day moving average price is GBX 393.45 and its 200-day moving average price is GBX 386.79. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The stock has a market capitalization of £6.48 billion, a PE ratio of 18.74, a PEG ratio of 1.28 and a beta of 1.17.

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.