Schroders (SDR)

Sector:

Financials

Index:

FTSE 100

375.20p
   
  • Change Today:
      2.70p
  • 52 Week High: 485.70
  • 52 Week Low: 361.40
  • Currency: UK Pounds
  • Shares Issued: 282.50m
  • Volume: 309,116
  • Market Cap: £1,059.94m
  • RiskGrade: 108

Sunday newspaper round-up: Omicron, Cineworld, Imagination Technologies

By Alexander Bueso

Date: Sunday 19 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Omicron may yet force the health secretary to impose tougher Covid restrictions in England before Christmas. In remarks to the BBC's Andrew Marr Show, Sajid Javid said: "there's a lot of uncertainty, there are gaps in the data, but we must work with the data we've got, we mustn't let perfection be the enemy of the good." The government's Sage committee has warned that hospitalisations might peak at between 3,000 and 10,000 per day unless action is taken. - Guardian
Short sales are stacked against Cineworld with nearly 16% of the heavily-indebted cinema chain's shares on loan to short sellers, according to data from IHS Markit. The company was ordered by a Canadian court last Wednesday to pay £722m in damages to rival Cineplex for aborting a takeover last year, sending its shares plummeting. If an appeal of the ruling is unsuccessful, which legal sources believe will be difficult to do, then the company may be forced to sell or list its US unit. - The Sunday Times

The decision by Imagination Technologies to bring Carol Chesney on board as an independent director may tip the scales in favour of a London listing for the microchip maker. Chesney sits on the board of four other London-listed outfits. Her appointment means that Imagination now meets the requirement, under UK corporate governance code, requiring that at least half of a company's directors, aside from the chairman, be independent. Canyon Bridge, the Beijing-based investment firm that owns Imagination Technologies, is also considering giving up one of its three board seats. - The Sunday Telegraph

Drax is planning its first overseas biomass plants as part of its £3bn drive to expand overseas. The outfit is looking at locations across North American. The new plants would burn wood pellets as feedstock, combined with carbon capture and storage technology which would then remove and dispose of the C02 thus generated. - The Sunday Times

A top Lloyds banker warned that some of its technology was "not fit for purpose" when looking to the future and "a real concern", a leaked video obtained by the Mail on Sunday revealed. On the recording, Nick Williams, one of the lender's directors, estimated that "99 per cent" of Lloyds's data and services was hosted on the bank's own servers. However, there was no suggestion that Lloyd's technology was not robust. A source close to the bank said that it had one of the lowest outage levels. - The Financial Mail on Sunday

Atom Bank is carrying out a final round of financing before its planned flotation on the London Stock Exchange, possibly as soon as 2022. The lender, whose shareholders include Schroders, Toscafund, and Spain's BBVA, is hoping to raise at least £40m. The app-based lender raised £50m earlier in 2021 at 60.0p a share, halving its £555m valuation. Nevertheless, it reported its first monthly operating profit earlier in the year and was thought to be targeting its first full-year operating profits in 2023. - Financial Mail on Sunday

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Schroders Market Data

Currency UK Pounds
Share Price 375.20p
Change Today 2.70p
% Change 0.72 %
52 Week High 485.70
52 Week Low 361.40
Volume 309,116
Shares Issued 282.50m
Market Cap £1,059.94m
RiskGrade 108

Schroders Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.88% above the market average97.88% above the market average97.88% above the market average97.88% above the market average97.88% above the market average
88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average
Price Trend
40.69% below the market average40.69% below the market average40.69% below the market average40.69% below the market average40.69% below the market average
24.14% below the sector average24.14% below the sector average24.14% below the sector average24.14% below the sector average24.14% below the sector average
Income
73.23% above the market average73.23% above the market average73.23% above the market average73.23% above the market average73.23% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
92.91% below the market average92.91% below the market average92.91% below the market average92.91% below the market average92.91% below the market average
86.92% below the sector average86.92% below the sector average86.92% below the sector average86.92% below the sector average86.92% below the sector average

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 8
Sell 4
Strong Sell 0
Total 14
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Schroders Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Mar-24 17-Aug-23
Paid 02-May-24 21-Sep-23
Amount 15.00p 6.50p

Trades for 28-Mar-2024

Time Volume / Share Price
15:14 250 @ 375.20p
15:14 321 @ 375.20p
15:14 191 @ 375.20p
15:14 225 @ 375.30p
15:14 312 @ 375.30p

Schroders Key Personnel

CFO Richard Oldfield

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