Schroders (SHNWF) Given Consensus Recommendation of “Hold” by Analysts
Shares of Schroders (OTCMKTS:SHNWF) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $55.00.
Several research firms have issued reports on SHNWF. Zacks Investment Research raised shares of Schroders from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a report on Thursday. Numis Securities reaffirmed a “hold” rating on shares of Schroders in a report on Friday, September 22nd. Finally, JPMorgan Chase & Co. lowered shares of Schroders from an “overweight” rating to a “neutral” rating in a report on Thursday, September 21st.
Shares of Schroders (SHNWF) remained flat at $$49.30 during mid-day trading on Thursday. Schroders has a 52-week low of $36.35 and a 52-week high of $49.50.
Schroders 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.
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