Schroders (LON:SDR) Insider Buys £198.56 in Stock

Schroders plc (LON:SDR) insider Meagen Burnett bought 34 shares of Schroders stock in a transaction that occurred on Wednesday, June 10th. The stock was purchased at an average cost of GBX 584 per share, with a total value of £198.56.

Meagen Burnett also recently made the following trade(s):

• On Monday, May 11th, Meagen Burnett bought 34 shares of Schroders stock. The stock was purchased at an average cost of GBX 581 per share, with a total value of £197.54.
• On Friday, April 10th, Meagen Burnett bought 34 shares of Schroders stock. The stock was purchased at an average cost of GBX 579 per share, with a total value of £196.86.

Schroders Price Performance

Shares of SDR stock opened at GBX 583 on Thursday. The stock has a market cap of £9.09 billion, a P/E ratio of 17.35, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08. Schroders plc has a one year low of GBX 350.20 and a one year high of GBX 599.50. The stock has a fifty day moving average price of GBX 580.50 and a 200 day moving average price of GBX 513.12. The company has a debt-to-equity ratio of 20.74, a current ratio of 92.37 and a quick ratio of 4.32.

Wall Street Analyst Weigh In

Separately, Citigroup cut shares of Schroders to a “neutral” rating and raised their price target for the stock from GBX 460 to GBX 590 in a research note on Thursday, April 30th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 453.33.

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.