Schroders Plc (SHNWF) Stock Rating Upgraded by Macquarie
Schroders Plc (OTCMKTS:SHNWF) was upgraded by equities research analysts at Macquarie from an “underperform” rating to a “neutral” rating in a research report issued on Tuesday.
A number of other equities analysts have also weighed in on SHNWF. Zacks Investment Research upgraded shares of Schroders Plc from a “hold” rating to a “strong-buy” rating and set a $47.00 price target on the stock in a report on Thursday, July 13th. Citigroup Inc. reissued a “neutral” rating on shares of Schroders Plc in a research note on Monday, July 31st. Finally, Berenberg Bank initiated coverage on shares of Schroders Plc in a research note on Thursday, June 15th. They issued a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Schroders Plc currently has an average rating of “Buy” and an average price target of $47.00.
Shares of Schroders Plc (OTCMKTS:SHNWF) opened at 43.981 on Tuesday. Schroders Plc has a 12 month low of $33.12 and a 12 month high of $46.09. The firm’s 50-day moving average price is $44.05 and its 200-day moving average price is $40.72. The stock has a market capitalization of $12.11 billion and a P/E ratio of 17.900.
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About Schroders Plc
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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