Schroders (LON:SDR) Reaches New 12-Month Low – Should You Sell?

Schroders plc (LON:SDR)’s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 298.60 ($3.76) and last traded at GBX 299.80 ($3.78), with a volume of 10157479 shares traded. The stock had previously closed at GBX 299 ($3.77).

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on SDR shares. Royal Bank of Canada reduced their target price on shares of Schroders from GBX 355 ($4.47) to GBX 330 ($4.16) and set a “sector perform” rating for the company in a report on Thursday, November 7th. JPMorgan Chase & Co. decreased their price objective on Schroders from GBX 427 ($5.38) to GBX 407 ($5.13) and set an “overweight” rating for the company in a research report on Thursday, November 7th.

Schroders Stock Performance

The stock’s fifty day simple moving average is GBX 343.42 and its 200-day simple moving average is GBX 360.16. The company has a quick ratio of 4.32, a current ratio of 4.89 and a debt-to-equity ratio of 12.71. The company has a market capitalization of £5.04 billion, a PE ratio of 1,303.17, a PEG ratio of 1.28 and a beta of 1.17.

Insiders Place Their Bets

In other Schroders news, insider Peter Harrison purchased 72 shares of the stock in a transaction dated Thursday, October 10th. The shares were acquired at an average cost of GBX 354 ($4.46) per share, for a total transaction of £254.88 ($321.21). 43.09% of the stock is owned by company insiders.

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.