Schroders PLC (LON:SDR) target bumped up to 3,685.00GBX, released a ratings update earlier today by Numis
- Updated: October 9, 2016
Stating a potential upside of 0.31%, Numis increased the stock price target of Schroders PLC (LON:SDR) to 3,685.00GBX
Previously on 9/27/2016, Goldman Sachs reported about Schroders PLC (LON:SDR) raised the target price from 2,930.00GBX to 3,000.00GBX. At the time, this indicated a possible upside of 0.13%.
Yesterday Schroders PLC (LON:SDR) traded -1.21% lower at 2,814.50GBX. The company’s 50-day moving average is 2,746.38GBX and its 200-day moving average is 2,610.50GBX. The last stock close price is up 6.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 536,241 shares of the stock were exchanged, up from an average trading volume of 359,523
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Schroders PLC has a 52 week low of 1,960.00GBX and a 52 week high of 3,067.00GBX with a P/E ratio of 16.92 The company’s market cap is currently 0 GBX.
In addition to Numis reporting its target price, a total of 17 firms have reported on the stock. The consensus target price is 2,738.00GBX with 2 firms rating the stock a strong buy, 7 firms rating the stock a buy, 10 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Schroders PLC (LON:SDR)
Schroders plc is a United Kingdom-based asset management company. The Company has three segments: Asset Management, Wealth Management and the Group segment. The Company's Asset Management segment consists of investment management, which includes advisory services, equity products, fixed income securities, multi-asset investments, real estate and alternative asset classes, such as commodities and private equity. The Company's Asset Management segment has two divisions: Investment and Distribution. The Company's Wealth Management segment consists of investment management, wealth planning and banking services provided to individuals and charities. The Group segment consists of the Company's investment capital and treasury management activities and the management costs associated with governance and corporate management. The Company offers a range of products and solutions to institutional and retail investors.
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