Meagen Burnett Acquires 44 Shares of Schroders (LON:SDR) Stock

Key Points

  • Insider Meagen Burnett purchased 44 shares of Schroders on Feb 10 at GBX 467 (total £205.48), adding to a Jan 12 buy of 48 shares at GBX 416 (total £199.68), signaling continued insider buying activity.
  • Shares opened at GBX 456.20 and were reported down 2.4%; analysts give Schroders a consensus rating of Moderate Buy with an average price target of GBX 413.86 (four Buy, three Hold).

Schroders plc (LON:SDR - Get Free Report) insider Meagen Burnett purchased 44 shares of the company's stock in a transaction on Tuesday, February 10th. The stock was acquired at an average price of GBX 467 per share, for a total transaction of £205.48.

Meagen Burnett also recently made the following trade(s):

  • On Monday, January 12th, Meagen Burnett acquired 48 shares of Schroders stock. The stock was acquired at an average cost of GBX 416 per share, for a total transaction of £199.68.

Schroders Stock Down 2.4%

LON SDR opened at GBX 456.20 on Thursday. Schroders plc has a 12 month low of GBX 283.40 and a 12 month high of GBX 472.80. The company has a market capitalization of £7.07 billion, a P/E ratio of 20.46, a PEG ratio of 1.28 and a beta of 1.17. The company's 50 day simple moving average is GBX 424.25 and its 200 day simple moving average is GBX 398.47. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SDR. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Schroders in a research report on Friday, January 9th. Royal Bank Of Canada lifted their target price on shares of Schroders from GBX 435 to GBX 440 and gave the company a "buy" rating in a research note on Thursday, October 30th. UBS Group reaffirmed a "buy" rating and issued a GBX 455 price target on shares of Schroders in a research note on Friday, October 17th. Citigroup reduced their price objective on Schroders from GBX 435 to GBX 430 and set a "buy" rating for the company in a research report on Friday, October 24th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 420 target price on shares of Schroders in a research report on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Schroders has an average rating of "Moderate Buy" and a consensus price target of GBX 413.86.




Get Our Latest Stock Analysis on Schroders

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. The firm launches and manages equity mutual funds and manages fixed income mutual funds for its clients. It also manages hedge for its clients. The firm invests in the public equity, fixed income, and alternative investment markets across the globe.

See Also

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