Schroders plc (LON:SDR – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 342.36 ($4.43) and traded as high as GBX 389 ($5.03). Schroders shares last traded at GBX 386.40 ($5.00), with a volume of 2,023,236 shares changing hands.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft lifted their price target on Schroders from GBX 375 ($4.85) to GBX 400 ($5.17) and gave the company a “hold” rating in a report on Friday, March 7th.
View Our Latest Stock Report on SDR
Schroders Trading Up 2.0 %
Schroders (LON:SDR – Get Free Report) last announced its quarterly earnings results on Friday, March 7th. The company reported GBX 26.40 ($0.34) earnings per share (EPS) for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. On average, equities research analysts predict that Schroders plc will post 33.7347131 EPS for the current year.
Insider Buying and Selling
In other Schroders news, insider Richard Oldfield purchased 80 shares of the company’s stock in a transaction on Friday, January 10th. The shares were bought at an average cost of GBX 313 ($4.05) per share, with a total value of £250.40 ($323.89). Corporate insiders own 43.09% of the company’s stock.
About Schroders
Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.
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