Schroders (LON:SDR) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Shares of Schroders plc (LON:SDR) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 371.95 and traded as high as GBX 390. Schroders shares last traded at GBX 388.04, with a volume of 281,646,313 shares changing hands.

Analyst Ratings Changes

Several research analysts recently issued reports on SDR shares. JPMorgan Chase & Co. lifted their target price on Schroders from GBX 386 to GBX 395 and gave the company a “neutral” rating in a research report on Monday, October 20th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 390 price objective on shares of Schroders in a report on Friday, August 8th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Schroders from GBX 400 to GBX 420 and gave the stock a “hold” rating in a research note on Monday, October 6th. UBS Group reissued a “buy” rating and set a GBX 455 price target on shares of Schroders in a research report on Friday, October 17th. Finally, Royal Bank Of Canada upped their price objective on shares of Schroders from GBX 435 to GBX 440 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of GBX 409.57.

Schroders Stock Up 0.2%

The company has a market capitalization of £6.03 billion, a P/E ratio of 17.43, a PEG ratio of 1.28 and a beta of 1.17. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90. The stock has a 50 day moving average price of GBX 379.98 and a 200 day moving average price of GBX 371.95.

Insider Transactions at Schroders

In related news, insider Richard Oldfield acquired 68 shares of the stock in a transaction on Wednesday, September 10th. The shares were acquired at an average price of GBX 372 per share, with a total value of £252.96. Insiders have bought a total of 374 shares of company stock worth $144,840 in the last three months. Company insiders own 84.44% of the company’s stock.

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.