Schroders (SDR)

Sector:

Financials

Index:

FTSE 100

358.80p
   
  • Change Today:
      5.40p
  • 52 Week High: 485.70
  • 52 Week Low: 347.20
  • Currency: UK Pounds
  • Shares Issued: 282.50m
  • Volume: 1,483,528
  • Market Cap: £1,013.61m
  • RiskGrade: 108

Barclays upgrades Schroders to 'overweight'

By Michele Maatouk

Date: Thursday 13 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Barclays upgraded its stance on Schroders on Thursday as it took a look at European diversified financials.
The bank lifted Schroders to 'overweight' from 'equalweight' and upped the price target to 530p from 510p.

"We change our preference among the large, conventional asset managers, moving Schroders to OW due to a combination of the key takeaways from our on-the-ground China work, our positive view on the UK wealth segment and its weakened valuation," it said.

In the same note, Barclays downgraded French asset manager Amundi to 'equalweight' from 'overweight' and cut the price target to €68 from €74on the back of China-sourced and Italy-based concerns.

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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 358.80p
Change Today 5.40p
% Change 1.53 %
52 Week High 485.70
52 Week Low 347.20
Volume 1,483,528
Shares Issued 282.50m
Market Cap £1,013.61m
RiskGrade 108

Schroders Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.55% above the market average98.55% above the market average98.55% above the market average98.55% above the market average98.55% above the market average
86.92% above the sector average86.92% above the sector average86.92% above the sector average86.92% above the sector average86.92% above the sector average
Price Trend
48.16% below the market average48.16% below the market average48.16% below the market average48.16% below the market average48.16% below the market average
44.83% below the sector average44.83% below the sector average44.83% below the sector average44.83% below the sector average44.83% below the sector average
Income
79.20% above the market average79.20% above the market average79.20% above the market average79.20% above the market average79.20% above the market average
37.31% above the sector average37.31% above the sector average37.31% above the sector average37.31% above the sector average37.31% above the sector average
Growth
92.76% below the market average92.76% below the market average92.76% below the market average92.76% below the market average92.76% below the market average
87.04% below the sector average87.04% below the sector average87.04% below the sector average87.04% below the sector average87.04% below the sector average

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 7
Sell 4
Strong Sell 0
Total 13
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 29-Apr-2024

Time Volume / Share Price
16:15 2 @ 357.80p
16:35 852,097 @ 358.80p
16:35 693 @ 358.80p
16:35 1,191 @ 358.80p
16:35 314 @ 358.80p

Schroders Key Personnel

CFO Richard Oldfield

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