Schroders (SHNWF) Given Consensus Recommendation of “Hold” by Analysts
Shares of Schroders (OTCMKTS:SHNWF) have received an average rating of “Hold” from the six brokerages that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $55.00.
Separately, Zacks Investment Research raised Schroders from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research report on Thursday, January 11th.
Schroders (OTCMKTS SHNWF) traded down $0.63 during midday trading on Friday, hitting $46.63. The company had a trading volume of 118 shares, compared to its average volume of 349. Schroders has a 12 month low of $37.70 and a 12 month high of $53.15.
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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