Schroders Expected to Earn FY2017 Earnings of $2.78 Per Share (SHNWF)
Schroders (OTCMKTS:SHNWF) – Equities research analysts at Jefferies Group lifted their FY2017 EPS estimates for shares of Schroders in a report issued on Monday. Jefferies Group analyst P. Dobbin now forecasts that the financial services provider will post earnings per share of $2.78 for the year, up from their prior forecast of $2.62. Jefferies Group also issued estimates for Schroders’ FY2018 earnings at $3.00 EPS and FY2020 earnings at $3.43 EPS.
Several other equities analysts have also weighed in on the stock. Numis Securities lowered shares of Schroders from an “add” rating to a “hold” rating in a research report on Sunday, September 24th. JPMorgan Chase & Co. lowered shares of Schroders from an “overweight” rating to a “neutral” rating in a research report on Thursday, September 21st. Finally, Zacks Investment Research lowered shares of Schroders from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $47.00.
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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