Schroders (LON:SDR – Get Free Report) had its price target lowered by analysts at Royal Bank of Canada from GBX 380 ($4.77) to GBX 375 ($4.71) in a note issued to investors on Tuesday, Marketbeat reports. The firm presently has a “sector perform” rating on the stock. Royal Bank of Canada’s target price indicates a potential upside of 7.57% from the company’s current price.
Separately, JPMorgan Chase & Co. decreased their target price on Schroders from GBX 490 ($6.16) to GBX 489 ($6.14) and set an “overweight” rating for the company in a research report on Tuesday, March 5th.
Schroders Trading Down 1.2 %
Insider Transactions at Schroders
In related news, insider Richard Oldfield bought 63 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was bought at an average price of GBX 403 ($5.06) per share, with a total value of £253.89 ($318.92). Company insiders own 43.10% of the company’s stock.
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.
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