Insider Buying: Schroders plc (LON:SDR) Insider Buys £250.40 in Stock

Schroders plc (LON:SDR) insider Richard Oldfield purchased 80 shares of the firm’s stock in a transaction that occurred on Friday, January 10th. The stock was acquired at an average price of GBX 313 ($3.83) per share, for a total transaction of £250.40 ($306.49).

Schroders Stock Up 3.1 %

Shares of LON:SDR opened at GBX 317.40 ($3.88) on Thursday. The company has a quick ratio of 4.32, a current ratio of 4.89 and a debt-to-equity ratio of 12.71. Schroders plc has a 52-week low of GBX 298.60 ($3.65) and a 52-week high of GBX 425 ($5.20). The stock’s fifty day simple moving average is GBX 315.10 and its 200-day simple moving average is GBX 343.44. The company has a market capitalization of £5.11 billion, a P/E ratio of 1,322.50, a P/E/G ratio of 1.28 and a beta of 1.17.

Analyst Upgrades and Downgrades

SDR has been the topic of a number of analyst reports. Royal Bank of Canada decreased their price target on Schroders from GBX 355 ($4.35) to GBX 330 ($4.04) and set a “sector perform” rating on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. decreased their target price on Schroders from GBX 427 ($5.23) to GBX 407 ($4.98) and set an “overweight” rating on the stock in a research report on Thursday, November 7th.

Schroders Company Profile

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.