Richard Oldfield Acquires 80 Shares of Schroders plc (LON:SDR) Stock

Schroders plc (LON:SDR) insider Richard Oldfield bought 80 shares of the business’s stock in a transaction on Friday, January 10th. The shares were bought at an average price of GBX 313 ($3.82) per share, for a total transaction of £250.40 ($305.70).

Schroders Stock Performance

SDR opened at GBX 307.80 ($3.76) on Wednesday. The company has a quick ratio of 4.32, a current ratio of 4.89 and a debt-to-equity ratio of 12.71. The stock’s 50 day moving average price is GBX 315.64 and its two-hundred day moving average price is GBX 343.63. The firm has a market capitalization of £4.96 billion, a P/E ratio of 1,282.50, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. Schroders plc has a 12-month low of GBX 298.60 ($3.65) and a 12-month high of GBX 425 ($5.19).

Analysts Set New Price Targets

A number of brokerages recently weighed in on SDR. JPMorgan Chase & Co. cut their price objective on Schroders from GBX 427 ($5.21) to GBX 407 ($4.97) and set an “overweight” rating on the stock in a research note on Thursday, November 7th. Royal Bank of Canada lowered their price target on Schroders from GBX 355 ($4.33) to GBX 330 ($4.03) and set a “sector perform” rating on the stock in a report on Thursday, November 7th.

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.