Reaffirmed: Schroders (LON:SDR) “Buy” Rating Reaffirmed by Analysts at Goldman Sachs; GBX 3695.00 Target in Place


Schroders (LON:SDR) Rating Reaffirmed

Recently, In a comprehensive report sent to clients and investors on Thursday, 10 December, Schroders (LON:SDR) shares have had their “Buy” Rating has decided to restate by investment advisers at Goldman Sachs, who currently has a GBX 3695.00 PT on firm. This target by Goldman Sachs indicates the possibile upside of 31.82% from the current price.

From a total of 17 analysts covering Schroders PLC (LON:SDR) stock, 8 rate it a ”Buy”, 0 a “Sell”, and 9 a ”Hold”. This means that 47% of the ratings are positive. The highest target price is GBX 3695 while the lowest target price is GBX 2900. The mean of all analyst targets is GBX 3215 with a 16.61% above today’s (GBX 2804) 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.

Approximately 83,220 shares of stock traded hands. Schroders plc (LON:SDR) has declined 14.61% since May 13, 2015 and is downtrending. It has underperformed by 12.68% the S&P500.

Reaffirmed: Schroders (LON:SDR)

The overall sentiment of institutions has decreased to 0.82 in Q2 2015. Its down 0.26, from 1.08 in 2015Q2. The ratio worsened, as 5 institutions have sold all the shares of Schroders plc that they owned while 6 funds have taken shares off the table. 3 funds have purchased shares for the first time while 6 added to their positions. These institutions now hold 669,252 shares or 55.28% less than the 1.50 million shares they owned in 2015Q2.

The Fund Amg National Trust Bank currently is holding shares equating to 0.03% of its total portfolio in Schroders plc representing a total of 115,575 shares. Another fund,Gsa Capital Partners Llp, is holding a total of 233,075 shares equating to 0.03% of their holdings. Additionally, Pinnacle Summer Investments Inc. has a 17,050 share stake in Schroders plc which represents 0.01% of their total portfolio. The Fund, American International Group Inc, based out of New York, has also built up a stake in the stock, which represents a total of 0% of their total portfolio. Finally Bank Of America Corp De, a fund which is based in the state of North Carolina reported a total holdings of 700 shares.

Schroders plc is a United Kingdom-based asset management company. The company has a market cap of 7.55 billion GBP. The Company’s divisions include Asset Management and Wealth Management. It has 17.21 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).