Schroders (LON:SDR) Insider Buys £199.68 in Stock

Schroders plc (LON:SDR) insider Meagen Burnett purchased 48 shares of the company’s stock in a transaction on Monday, January 12th. The shares were purchased at an average price of GBX 416 per share, for a total transaction of £199.68.

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

• On Monday, November 10th, Meagen Burnett acquired 52 shares of Schroders stock. The stock was purchased at an average price of GBX 389 per share, with a total value of £202.28.

Schroders Trading Up 9.8%

Schroders stock opened at GBX 458.40 on Friday. The stock has a 50-day moving average price of GBX 397.37 and a 200 day moving average price of GBX 388.87. The company has a market capitalization of £7.11 billion, a price-to-earnings ratio of 20.56, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. Schroders plc has a 52 week low of GBX 283.40 and a 52 week high of GBX 458.80. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95.

Wall Street Analysts Forecast Growth

SDR has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a report on Monday, October 6th. Royal Bank Of Canada upped their price target on shares of Schroders from GBX 435 to GBX 440 and gave the company a “buy” rating in a report on Thursday, October 30th. Citigroup reduced their price objective on Schroders from GBX 435 to GBX 430 and set a “buy” rating for the company in a research note on Friday, October 24th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Schroders in a report on Friday, January 9th. Finally, UBS Group restated a “buy” rating and issued a GBX 455 target price on shares of Schroders in a research note on Friday, October 17th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Schroders presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 413.86.

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. 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.