Schroders PLC (LON:SDR) Rating Reaffirmed
Schroders PLC (LON:SDR) just had their share rating of a ‘Buy’ issued by research analysts at Numis, who now has a GBX 3641.00 PT on the 8.00B GBP market cap company or a 22.55% upside potential. This key information was disclosed to clients in recent note on Friday, 27 November.
From a total of 16 analysts covering Schroders PLC (LON:SDR) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 9 a ”Hold”. This means that 44% of the ratings are positive. The highest target price is GBX 3930 while the lowest target price is GBX 2900. The mean of all analyst targets is GBX 3269.71 with a 9.65% above today’s (GBX 2981.84) stock price. Schroders PLC was the topic of 38 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on November 27 with “Buy” rating. JP Morgan maintained shares with “Overweight” rating and GBX 3350 target share price in a report from a November 6. BNP Paribas maintained SDR stock in a recent report from November 19 with “Outperform” rating. Panmure Gordon maintained the rating on November 5. Panmure Gordon has a “Hold” rating and a GBX 2900 price target on shares. Finally, Jefferies maintained the stock with “Hold” rating in a report issued on a November 10.
The stock decreased 0.11% or GBX 3.16 on November 27, striking GBX 2981.84. Approximately 109,861 shares of stock traded hands. Schroders plc (LON:SDR) has declined 7.72% since May 1, 2015 and is downtrending. It has underperformed by 6.82% the S&P500.
Schroders plc is a United Kingdom-based asset management company. The company has a market cap of 8.00 billion GBP. The Company’s divisions include Asset Management and Wealth Management. It has 18.3 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.
According to Zacks Investment Research, “SandRidge Mississippian Trust II is a Delaware statutory trust formed by SandRidge Energy, Inc. to own certain royalty interests in oil and natural gas wells in the Mississippian formation in northern Oklahoma and southern Kansas. Sandridge Mississippian Trust II is based in Austin, Texas.” Get a free copy of the Zacks research report on Schroders plc (SDR)