SCHRODERS/PAR VTG FPD 1 (SDR) Downgraded by BNP Paribas

SCHRODERS/PAR VTG FPD 1 (LON:SDR) was downgraded by stock analysts at BNP Paribas to a “neutral” rating in a research report issued to clients and investors on Monday, April 1st, ThisIsMoney.Co.Uk reports. They currently have a GBX 2,800 ($36.59) price objective on the stock, down from their previous price objective of GBX 2,900 ($37.89). BNP Paribas’ price objective points to a potential downside of 12.09% from the stock’s current price.

SDR has been the topic of a number of other reports. JPMorgan Chase & Co. lowered their target price on shares of SCHRODERS/PAR VTG FPD 1 from GBX 3,100 ($40.51) to GBX 3,000 ($39.20) and set a “neutral” rating on the stock in a research note on Wednesday, January 9th. Shore Capital reissued a “hold” rating on shares of SCHRODERS/PAR VTG FPD 1 in a report on Thursday, March 7th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,615 ($47.24) price target on shares of SCHRODERS/PAR VTG FPD 1 in a report on Thursday, March 7th. Canaccord Genuity reaffirmed a “hold” rating and set a GBX 2,637 ($34.46) price objective on shares of SCHRODERS/PAR VTG FPD 1 in a report on Thursday, March 7th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 3,150 ($41.16) price objective on shares of SCHRODERS/PAR VTG FPD 1 in a report on Tuesday, February 19th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. SCHRODERS/PAR VTG FPD 1 presently has an average rating of “Buy” and a consensus price target of GBX 3,277.20 ($42.82).

LON:SDR traded down GBX 10 ($0.13) during midday trading on Monday, reaching GBX 3,185 ($41.62). The stock had a trading volume of 321,047 shares, compared to its average volume of 645,161. SCHRODERS/PAR VTG FPD 1 has a 1-year low of GBX 2,289 ($29.91) and a 1-year high of GBX 3,511 ($45.88). The firm has a market capitalization of $7.00 billion and a PE ratio of 17.72.

In related news, insider Richard Keers sold 24,181 shares of SCHRODERS/PAR VTG FPD 1 stock in a transaction that occurred on Wednesday, April 17th. The shares were sold at an average price of GBX 3,178 ($41.53), for a total transaction of £768,472.18 ($1,004,145.02). Also, insider Peter Harrison sold 19,716 shares of SCHRODERS/PAR VTG FPD 1 stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of GBX 2,727 ($35.63), for a total transaction of £537,655.32 ($702,541.91).

About SCHRODERS/PAR VTG FPD 1

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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Analyst Recommendations for SCHRODERS/PAR VTG FPD 1 (LON:SDR)

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