Schroders (OTCMKTS:SHNWF) Stock Price Up 5.5% – Should You Buy?

Schroders (OTCMKTS:SHNWFGet Free Report)’s stock price shot up 5.5% on Monday . The company traded as high as $5.22 and last traded at $5.22. 480 shares traded hands during mid-day trading, an increase of 1,239% from the average session volume of 36 shares. The stock had previously closed at $4.95.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on SHNWF shares. Morgan Stanley reaffirmed an “underweight” rating on shares of Schroders in a research report on Monday, October 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Schroders in a research report on Monday, October 6th. Finally, Citigroup upgraded Schroders from a “neutral” rating to a “buy” rating in a report on Friday, October 3rd. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

View Our Latest Stock Analysis on SHNWF

Schroders Price Performance

The stock’s fifty day moving average is $5.18 and its 200-day moving average is $4.99.

About Schroders

(Get Free Report)

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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