Schroders plc (LON:SDR) Insider Purchases £250.40 in Stock

Schroders plc (LON:SDR) insider Richard Oldfield purchased 80 shares of the firm’s stock in a transaction dated Friday, January 10th. The stock was acquired at an average price of GBX 313 ($3.82) per share, with a total value of £250.40 ($305.70).

Schroders Stock Performance

Schroders stock traded up GBX 5.20 ($0.06) during mid-day trading on Monday, reaching GBX 307.80 ($3.76). 2,263,826 shares of the stock traded hands, compared to its average volume of 26,402,656. The stock has a market capitalization of £4.96 billion, a PE ratio of 1,282.50, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The company has a debt-to-equity ratio of 12.71, a current ratio of 4.89 and a quick ratio of 4.32. Schroders plc has a 12-month low of GBX 298.60 ($3.65) and a 12-month high of GBX 425 ($5.19). The business’s 50-day moving average is GBX 317.63 and its 200-day moving average is GBX 344.53.

Wall Street Analysts Forecast Growth

SDR has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their price target on Schroders from GBX 427 ($5.21) to GBX 407 ($4.97) and set an “overweight” rating for the company in a research note on Thursday, November 7th. Royal Bank of Canada reduced their price objective on Schroders from GBX 355 ($4.33) to GBX 330 ($4.03) and set a “sector perform” rating for the company in a research report on Thursday, November 7th.

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.