Schroders (OTCMKTS:SHNWF) Sets New 52-Week High – Should You Buy?
by Teresa Graham · The Cerbat GemSchroders (OTCMKTS:SHNWF – Get Free Report)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $5.52 and last traded at $5.52, with a volume of 836 shares trading hands. The stock had previously closed at $5.50.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on SHNWF shares. Citigroup raised shares of Schroders from a “neutral” rating to a “buy” rating in a research note on Friday, October 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Schroders in a research note on Monday, October 6th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Schroders in a research report on Monday, November 24th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.
Read Our Latest Report on Schroders
Schroders Price Performance
The business has a 50-day simple moving average of $5.21 and a 200-day simple moving average of $5.23.
Schroders Company Profile
Schroders plc is a global asset management company headquartered in London, United Kingdom, with a history dating back to its founding in 1804 as J. Henry Schröder & Co Over more than two centuries, the firm has grown organically and through selective acquisitions to establish itself as one of the world’s leading investment managers. Schroders is publicly traded on the London Stock Exchange and operates under the ticker SHNWF in the OTC Markets for investors seeking exposure to its equity.
The company offers a comprehensive suite of investment products and services, including active and passive equity strategies, fixed income, multi-asset solutions, alternatives such as real estate and private assets, as well as wealth planning and advisory services.