Trading Report: The Schroders plc (SDRC) Stock Rating Reaffirmed by Numis Securities Ltd

The Schroders plc (SDRC) Stock Rating Reaffirmed by Numis Securities Ltd

Schroders plc (LON:SDRC)‘s stock had its “buy” rating restated by equities researchers at Numis Securities Ltd in a research report issued to clients and investors on Wednesday. They presently have a GBX 2,948 ($38.48) price target on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 44.23% from the company’s previous close.

Shares of Schroders plc (LON:SDRC) traded down 1.45% during midday trading on Wednesday, reaching GBX 2044.00. 17,821 shares of the company were exchanged. The stock’s market capitalization is GBX 5.61 billion. Schroders plc has a 12-month low of GBX 1,492.00 and a 12-month high of GBX 2,364.00. The company has a 50 day moving average price of GBX 2,051.81 and a 200-day moving average price of GBX 1,979.74.

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