Todays Report: The Schroders plc (SDR) Given Underperform Rating at Macquarie

The Schroders plc (SDR) Given Underperform Rating at Macquarie

Macquarie restated their underperform rating on shares of Schroders plc (LON:SDR) in a research report report published on Friday. Macquarie currently has a GBX 2,214 ($27.40) price objective on the stock.

Other equities research analysts have also recently issued reports about the stock. BNP Paribas reaffirmed a neutral rating and issued a GBX 2,550 ($31.56) target price on shares of Schroders plc in a report on Monday, June 27th. Royal Bank Of Canada lowered their price target on shares of Schroders plc from GBX 3,000 ($37.13) to GBX 2,900 ($35.89) and set an outperform rating on the stock in a report on Friday, July 15th. Liberum Capital cut shares of Schroders plc to a hold rating and increased their price target for the company from GBX 2,399 ($29.69) to GBX 2,789 ($34.52) in a report on Friday, August 19th. Goldman Sachs Group Inc. reissued a buy rating and issued a GBX 2,800 ($34.65) price target on shares of Schroders plc in a report on Friday, July 15th. Finally, Numis Securities Ltd reissued a buy rating and issued a GBX 3,368 ($41.68) price target on shares of Schroders plc in a report on Thursday, July 28th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of GBX 2,874.50 ($35.58).

Shares of Schroders plc (LON:SDR) opened at 2753.00 on Friday. Schroders plc has a 52-week low of GBX 1,960.00 and a 52-week high of GBX 3,067.00. The firm’s market capitalization is GBX 7.56 billion. The company’s 50-day moving average price is GBX 2,750.11 and its 200-day moving average price is GBX 2,611.51.

The business also recently announced a dividend, which was paid on Thursday, September 22nd. Shareholders of record on Thursday, August 18th were given a GBX 29 ($0.36) dividend. The ex-dividend date was Thursday, August 18th. This represents a yield of 1.15%.

In related news, insider Tosato,Massimo bought 10 shares of the business’s stock in a transaction on Thursday, August 11th. The shares were purchased at an average price of GBX 2,702 ($33.44) per share, for a total transaction of £270.20 ($334.41).

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