Schroders Ord Shs -1.9% potential downside indicated by RBC Capital Markets

Schroders Ord Shs with ticker (LON:SDR) now has a potential downside of -1.9% according to RBC Capital Markets.



RBC Capital Markets set a target price of 2,900 GBX for the company, which when compared to the Schroders Ord Shs share price of 2,956 GBX at opening today (09/08/2022) indicates a potential downside of -1.9%. Trading has ranged between 2,578 (52 week low) and 3,913 (52 week high) with an average of 367,446 shares exchanging hands daily. The market capitalisation at the time of writing is £8,095,693,998.

Schroders plc is a United Kingdom-based investment management company. The Company operates through three segments: Asset Management, Wealth Management, and the Group segment. The Asset Management segment principally comprises investment management, including advisory services in respect of equity, fixed income, multi-asset solutions and private assets and alternatives products. The Wealth Management segment principally comprises investment management, wealth planning and financial advice, platform services and banking services, primarily for private clients. The Group segment principally comprises the Company’s treasury management, corporate development and strategy activities, and the management costs associated with governance and corporate management. Its clients include individuals who invest directly and those who invest through businesses or financial advisers. It also serves the investment needs of institutions, such as insurance companies, pension funds and charities.