Morgan Stanley Increases Schroders (OTCMKTS:SHNWF) Price Target to GBX 510

Schroders (OTCMKTS:SHNWFGet Rating) had its price objective hoisted by Morgan Stanley from GBX 500 ($5.91) to GBX 510 ($6.03) in a report issued on Wednesday, The Fly reports.

Separately, Barclays lowered their price target on shares of Schroders from GBX 3,050 ($36.06) to GBX 520 ($6.15) in a report on Friday, September 23rd.

Schroders Stock Performance

Schroders stock opened at $5.37 on Wednesday. The company’s fifty day simple moving average is $8.35 and its 200-day simple moving average is $21.84. Schroders has a 12 month low of $27.81 and a 12 month high of $52.45.

Schroders Company Profile

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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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