SCHRODERS/PAR VTG FPD 1 (SDR) Given New GBX 3,615 Price Target at Jefferies Financial Group

SCHRODERS/PAR VTG FPD 1 (LON:SDR) had its price target dropped by Jefferies Financial Group from GBX 3,955 ($51.68) to GBX 3,615 ($47.24) in a note issued to investors on Tuesday, April 9th, ThisIsMoney.Co.Uk reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 14.33% from the company’s current price.

SDR has been the subject of a number of other reports. JPMorgan Chase & Co. reduced 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 for the company in a report on Wednesday, January 9th. BNP Paribas downgraded shares of SCHRODERS/PAR VTG FPD 1 to a “neutral” rating and reduced their target price for the stock from GBX 2,900 ($37.89) to GBX 2,800 ($36.59) in a report on Monday, April 1st. Shore Capital restated a “hold” rating on shares of SCHRODERS/PAR VTG FPD 1 in a report on Thursday, March 7th. Canaccord Genuity restated 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 restated 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 investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 3,168.56 ($41.40).

Shares of SDR traded up GBX 4 ($0.05) during trading hours on Tuesday, reaching GBX 3,162 ($41.32). 347,193 shares of the company traded hands, compared to its average volume of 645,161. The firm has a market capitalization of $6.95 billion and a P/E ratio of 17.60. SCHRODERS/PAR VTG FPD 1 has a 12-month low of GBX 2,289 ($29.91) and a 12-month high of GBX 3,511 ($45.88).

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

SCHRODERS/PAR VTG FPD 1 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.

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

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