JPMorgan Chase & Co. Raises Schroders (SDR) Price Target to GBX 3,700
Schroders (LON:SDR) had its price objective upped by JPMorgan Chase & Co. from GBX 3,600 ($48.82) to GBX 3,700 ($50.18) in a research note issued to investors on Wednesday morning. The firm currently has a neutral rating on the stock.
Several other analysts have also recently issued reports on the stock. Credit Suisse Group reiterated an outperform rating and issued a GBX 3,800 ($51.53) target price on shares of Schroders in a research note on Tuesday, November 21st. Numis Securities reiterated an add rating and issued a GBX 2,980 ($40.41) target price on shares of Schroders in a research note on Friday, October 20th. Shore Capital reiterated a hold rating on shares of Schroders in a research note on Thursday, October 19th. Berenberg Bank increased their target price on shares of Schroders from GBX 3,580 ($48.55) to GBX 3,640 ($49.36) and gave the stock a buy rating in a research note on Thursday, October 19th. Finally, Liberum Capital reiterated a hold rating and issued a GBX 3,564 ($48.33) target price on shares of Schroders in a research note on Thursday, October 19th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of GBX 3,403.69 ($46.16).
Shares of Schroders (LON:SDR) opened at GBX 3,719 ($50.43) on Wednesday. Schroders has a 52 week low of GBX 2,885 ($39.12) and a 52 week high of GBX 3,743 ($50.76). The stock has a market cap of $9,910.00 and a P/E ratio of 1,947.12.
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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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