Key Points
- Insider purchase: Schroders insider Meagen Burnett bought 34 shares at GBX 584 each, worth £198.56, matching a similar purchase made in June.
- Stock and financial performance: Schroders opened at GBX 582.50, with a £9.08 billion market capitalization, 13.39 price-to-earnings ratio, and reported quarterly earnings of GBX 22.30 per share.
- Analyst outlook: Citigroup downgraded Schroders to “neutral” while raising its price target to GBX 590. Overall, analysts give the stock a “Moderate Buy” consensus rating, though the consensus price target is GBX 453.33.
Schroders plc (LON:SDR - Get Free Report) insider Johanna Kyrklund purchased 18 shares of the company's stock in a transaction dated Monday, August 10th. The shares were acquired at an average cost of GBX 584 per share, with a total value of £105.12.
Johanna Kyrklund also recently made the following trade(s):
- On Wednesday, June 10th, Johanna Kyrklund purchased 18 shares of Schroders stock. The shares were acquired at an average price of GBX 584 per share, for a total transaction of £105.12.
Schroders Stock Up 0.0%
Shares of Schroders stock opened at GBX 582.50 on Wednesday. Schroders plc has a twelve month low of GBX 358.60 and a twelve month high of GBX 599.50. The stock has a market cap of £9.08 billion, a price-to-earnings ratio of 13.39, a P/E/G ratio of 1.28 and a beta of 1.08. The company's fifty day moving average is GBX 585.98 and its 200 day moving average is GBX 569.30.
Schroders (LON:SDR - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.30 earnings per share for the quarter. Schroders had a return on equity of 15.55% and a net margin of 19.94%. As a group, equities analysts anticipate that Schroders plc will post 33.7347131 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, Citigroup cut Schroders to a "neutral" rating and increased their price target for the company from GBX 460 to GBX 590 in a research note on Thursday, April 30th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 453.33.
View Our Latest Analysis on SDR
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.
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