Schroders (LON:SDR) Insider Acquires £202.28 in Stock

Schroders plc (LON:SDR) insider Meagen Burnett purchased 52 shares of Schroders stock in a transaction that occurred on Monday, November 10th. The shares were bought at an average cost of GBX 389 per share, for a total transaction of £202.28.

Meagen Burnett also recently made the following trade(s):

• On Friday, October 10th, Meagen Burnett bought 50 shares of Schroders stock. The shares were bought at an average price of GBX 399 per share, with a total value of £199.50.
• On Wednesday, September 10th, Meagen Burnett bought 54 shares of Schroders stock. The shares were bought at an average cost of GBX 372 per share, for a total transaction of £200.88.

Schroders Stock Performance

SDR opened at GBX 397.60 on Friday. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90. Schroders plc has a 52-week low of GBX 283.40 and a 52-week high of GBX 428.80. The firm has a market cap of £6.17 billion, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The business’s fifty day moving average is GBX 382.10 and its 200-day moving average is GBX 374.44.

Analyst Ratings Changes

Several equities analysts have commented on SDR shares. UBS Group reissued a “buy” rating and issued a GBX 455 target price on shares of Schroders in a report on Friday, October 17th. JPMorgan Chase & Co. lifted their price objective on shares of Schroders from GBX 386 to GBX 395 and gave the company a “neutral” rating in a research note on Monday, October 20th. Citigroup lowered their price objective on shares of Schroders from GBX 435 to GBX 430 and set a “buy” rating for the company in a research report on Friday, October 24th. Deutsche Bank Aktiengesellschaft raised their target price on Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a report on Monday, October 6th. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 390 price target on shares of Schroders in a report on Friday, August 8th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 409.57.

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.