Schroders (OTCMKTS:SHNWF) Sets New 52-Week High – Here’s Why

Schroders (OTCMKTS:SHNWF)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $6.4250 and last traded at $5.75, with a volume of 500 shares changing hands. The stock had previously closed at $6.00.

Analyst Upgrades and Downgrades

SHNWF has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Schroders in a research report on Tuesday, January 6th. Morgan Stanley reiterated an “underweight” rating on shares of Schroders in a report on Monday, November 24th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold”.

Schroders Price Performance

The firm has a 50 day moving average price of $5.61 and a two-hundred day moving average price of $5.36.

About Schroders

Schroders plc is a global asset management company headquartered in London, United Kingdom, with a history dating back to its founding in 1804 as J. Henry Schröder & Co Over more than two centuries, the firm has grown organically and through selective acquisitions to establish itself as one of the world’s leading investment managers. Schroders is publicly traded on the London Stock Exchange and operates under the ticker SHNWF in the OTC Markets for investors seeking exposure to its equity.

The company offers a comprehensive suite of investment products and services, including active and passive equity strategies, fixed income, multi-asset solutions, alternatives such as real estate and private assets, as well as wealth planning and advisory services.