Shore Capital reaffirmed their hold rating on shares of SCHRODERS/PAR VTG FPD 1 (LON:SDR) in a report published on Thursday morning, ThisIsMoney.Co.Uk reports.
Several other analysts have also recently issued reports on SDR. Canaccord Genuity reduced their price target on shares of SCHRODERS/PAR VTG FPD 1 from GBX 3,270 ($40.24) to GBX 2,539 ($31.25) and set a hold rating on the stock in a research report on Thursday, April 23rd. Berenberg Bank reduced their target price on shares of SCHRODERS/PAR VTG FPD 1 from GBX 2,620 ($32.24) to GBX 2,203 ($27.11) and set a hold rating on the stock in a report on Monday, April 6th. JPMorgan Chase & Co. raised their target price on shares of SCHRODERS/PAR VTG FPD 1 from GBX 2,500 ($30.77) to GBX 2,800 ($34.46) and gave the company a neutral rating in a report on Monday, June 15th. Morgan Stanley reduced their target price on shares of SCHRODERS/PAR VTG FPD 1 from GBX 2,640 ($32.49) to GBX 2,610 ($32.12) and set an underweight rating on the stock in a report on Thursday, July 9th. Finally, UBS Group reaffirmed a neutral rating on shares of SCHRODERS/PAR VTG FPD 1 in a report on Monday, July 27th. Four analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. SCHRODERS/PAR VTG FPD 1 has an average rating of Hold and an average target price of GBX 2,730.44 ($33.60).
Shares of SDR opened at GBX 2,965 ($36.49) on Thursday. The stock has a market capitalization of $8.38 billion and a PE ratio of 16.87. SCHRODERS/PAR VTG FPD 1 has a 1 year low of GBX 29.31 ($0.36) and a 1 year high of GBX 3,465 ($42.64). The company has a debt-to-equity ratio of 11.05, a quick ratio of 1.35 and a current ratio of 1.50. The company’s 50-day simple moving average is GBX 2,956.08 and its 200-day simple moving average is GBX 2,886.75.
The business also recently disclosed a dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 20th will be issued a dividend of GBX 35 ($0.43) per share. The ex-dividend date is Thursday, August 20th. This represents a yield of 1.17%. SCHRODERS/PAR VTG FPD 1’s payout ratio is currently 64.85%.
In other SCHRODERS/PAR VTG FPD 1 news, insider Richard Keers sold 22,021 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of GBX 2,990 ($36.80), for a total transaction of £658,427.90 ($810,273.07).
About SCHRODERS/PAR VTG FPD 1
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.
Further Reading: Asset Allocation, Balancing Your Investments
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