Insider Buying: Schroders plc (LON:SDR) Insider Buys 80 Shares of Stock

Schroders plc (LON:SDR) insider Richard Oldfield bought 80 shares of the firm’s stock in a transaction dated Friday, January 10th. The stock was bought at an average cost of GBX 313 ($3.83) per share, with a total value of £250.40 ($306.49).

Schroders Stock Performance

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

Analysts Set New Price Targets

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

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.