Schroders plc Receives Sell Rating from Canaccord Genuity (SDR)

Schroders plc (LON: SDR)‘s stock had its “sell” rating reaffirmed by research analysts at Canaccord Genuity in a report released on Thursday. They currently have a $21.80 (1450 GBX) target price on the stock.

Schroders plc opened at 2075.00 on Thursday. Schroders plc has a 1-year low of GBX 1163.00 and a 1-year high of GBX 2083.637. The stock’s 50-day moving average is currently GBX 1538.. The company’s market cap is £5.605 billion.

SDR has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Schroders plc in a research note to investors on Wednesday. They now have a $30.07 price target on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Schroders plc in a research note to investors on Tuesday. They now have a $27.81 price target on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of Schroders plc from $34.85 to $35.47 in a research note to investors on Wednesday, February 20th. They now have an “overweight” rating on the stock.

Schroders plc (Schroders) is the parent company of an international asset management and private banking group.

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