Schroders (LON:SDR) Price Target Raised to GBX 475

Schroders (LON:SDR) had its target price increased by analysts at Royal Bank of Canada from GBX 395 ($5.10) to GBX 475 ($6.13) in a report released on Thursday, Marketbeat Ratings reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s price objective would suggest a potential upside of 26.60% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Schroders from GBX 375 ($4.84) to GBX 400 ($5.16) and gave the stock a “hold” rating in a report on Friday, March 7th.

Schroders Trading Down 0.8 %

LON:SDR opened at GBX 375.20 ($4.84) on Thursday. The company has a fifty day moving average of GBX 364.77 and a 200 day moving average of GBX 343.58. Schroders has a 52 week low of GBX 298.60 ($3.86) and a 52 week high of GBX 428.80 ($5.54). The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The firm has a market capitalization of £5.82 billion, a P/E ratio of 16.39, a P/E/G ratio of 1.28 and a beta of 1.17.

Schroders (LON:SDR) last issued its quarterly earnings data on Friday, March 7th. The company reported GBX 26.40 ($0.34) EPS for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. On average, research analysts predict that Schroders will post 33.7347131 earnings per share for the current year.

Insider Activity at Schroders

In other Schroders news, insider Richard Oldfield acquired 80 shares of the stock in a transaction dated Friday, January 10th. The shares were purchased at an average price of GBX 313 ($4.04) per share, for a total transaction of £250.40 ($323.31). 43.09% of the stock is currently owned by insiders.

About Schroders

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.