Schroders plc (SDR) Given “Add” Rating at Numis Securities Ltd
Numis Securities Ltd reiterated their add rating on shares of Schroders plc (LON:SDR) in a research note issued to investors on Friday morning. They currently have a GBX 2,980 ($39.60) price objective on the stock.
A number of other analysts also recently commented on the stock. Shore Capital reiterated a hold rating on shares of Schroders plc in a report on Thursday. Berenberg Bank increased their price objective on shares of Schroders plc from GBX 3,580 ($47.57) to GBX 3,640 ($48.37) and gave the company a buy rating in a report on Thursday. Liberum Capital reiterated a hold rating and issued a GBX 3,564 ($47.36) price objective on shares of Schroders plc in a report on Thursday. Royal Bank Of Canada reiterated an outperform rating and issued a GBX 3,700 ($49.16) price objective on shares of Schroders plc in a report on Tuesday, October 3rd. Finally, Credit Suisse Group restated an outperform rating and set a GBX 3,800 ($50.49) price target on shares of Schroders plc in a report on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of GBX 3,375.87 ($44.86).
Shares of Schroders plc (LON:SDR) traded up 0.37% on Friday, hitting GBX 3485.00. The company’s stock had a trading volume of 417,414 shares. The stock has a 50-day moving average price of GBX 3,367.68 and a 200 day moving average price of GBX 3,263.60. The firm’s market cap is GBX 9.60 billion. Schroders plc has a one year low of GBX 2,712.42 and a one year high of GBX 3,522.00.
The business also recently disclosed a dividend, which was paid on Thursday, September 21st. Investors of record on Thursday, August 17th were given a dividend of GBX 34 ($0.45) per share. The ex-dividend date of this dividend was Thursday, August 17th. This represents a dividend yield of 1.01%.
In related news, insider Michael W. R. Dobson sold 213,389 shares of the stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of GBX 3,458 ($45.95), for a total transaction of £7,378,991.62 ($9,804,665.98).
Schroders plc 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.
Receive News & Ratings for Schroders plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroders plc and related companies with Analyst Ratings Network's FREE daily email newsletter.