Schroders (OTCMKTS:SHNWF) Reaches New 12-Month High – Here’s What Happened

by · The Cerbat Gem

Schroders (OTCMKTS:SHNWF – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $5.50 and last traded at $5.50, with a volume of 3000 shares traded. The stock had previously closed at $5.00.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Citigroup upgraded Schroders from a “neutral” rating to a “buy” rating in a report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Schroders in a research report on Monday, October 6th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Schroders in a research report on Monday, November 24th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on SHNWF

Schroders Trading Up 10.0%

The company’s fifty day moving average is $5.15 and its two-hundred day moving average is $5.19.

About Schroders

(Get Free Report)

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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