Today Numis Maintains a Buy Rating on Schroders Plc (LON:SDRC) and a GBX 2913.00 Target Price

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Schroders Plc (LON:SDRC) Rating Reaffirmed

The investment house has just set a TP of GBX 2913.00 on Schroders Plc (LON:SDRC) shares. This is 29.90% from the last close price. In analysts note made public on Friday morning, Numis kept steady their Buy rating on shares of SDRC.

The stock decreased 0.27% or GBX 6 on November 27, striking GBX 2232. Approximately 37,356 shares of stock traded hands or 78.44% up from the average. Schroders plc (LON:SDRC) has declined 7.50% since May 1, 2015 and is downtrending. It has underperformed by 6.61% the S&P500.

Today Numis Maintains a Buy Rating on Schroders Plc (LON:SDRC) and a GBX 2913.00 Target Price

Schroders plc is a United Kingdom-based asset management company. The company has a market cap of 7.99 billion GBP. The Company’s divisions include Asset Management and Wealth Management. It has 13.7 P/E ratio. The Company’s Asset Management segment provides investment management, including advisory services, equity products, fixed income securities, multi-asset investments, real estate and alternative asset classes, such as commodities and private equity.

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