Key Points
- Insider buying: Schroders insider Meagen Burnett bought 34 shares on May 11 at GBX 581 each, following similar purchases of 34 shares in both April and March.
- Stock performance: Schroders shares were trading around GBX 580.50, near their 52-week high of GBX 599.50 and well above the 52-week low of GBX 334.
- Analyst view: Citigroup recently lowered Schroders to neutral but raised its price target to GBX 590, while the broader consensus remains a Moderate Buy.
Schroders plc (LON:SDR - Get Free Report) insider Meagen Burnett bought 34 shares of the stock in a transaction on Monday, May 11th. The stock was purchased at an average price of GBX 581 per share, for a total transaction of £197.54.
Meagen Burnett also recently made the following trade(s):
- On Friday, April 10th, Meagen Burnett purchased 34 shares of Schroders stock. The shares were purchased at an average cost of GBX 579 per share, for a total transaction of £196.86.
- On Tuesday, March 10th, Meagen Burnett purchased 34 shares of Schroders stock. The shares were purchased at an average price of GBX 586 per share, with a total value of £199.24.
Schroders Trading Down 0.1%
Shares of SDR opened at GBX 580.50 on Wednesday. The business has a 50-day moving average of GBX 578.37 and a 200 day moving average of GBX 483.84. Schroders plc has a fifty-two week low of GBX 334 and a fifty-two week high of GBX 599.50. The firm has a market cap of £9.05 billion, a P/E ratio of 17.28, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08. The company has a debt-to-equity ratio of 20.74, a quick ratio of 4.32 and a current ratio of 92.37.
Schroders (LON:SDR - Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported GBX 36.60 EPS for the quarter. Schroders had a net margin of 16.44% and a return on equity of 12.35%. As a group, research analysts forecast that Schroders plc will post 33.7347131 EPS for the current year.
Wall Street Analysts Forecast Growth
Separately, Citigroup cut shares of Schroders to a "neutral" rating and boosted their target price for the company from GBX 460 to GBX 590 in a report on Thursday, April 30th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 453.33.
View Our Latest Research Report on SDR
Schroders Company Profile
(
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.
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