Schroders (OTCMKTS:SHNWF) Upgraded to “Moderate Buy” at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Schroders (OTCMKTS:SHNWF) from a hold rating to a moderate buy rating in a research note published on Wednesday morning,Zacks.com reports.

Separately, Citigroup raised Schroders to a “hold” rating in a research report on Thursday, October 10th.

Schroders Price Performance

Schroders stock opened at $4.09 on Wednesday. The company has a 50 day moving average price of $4.21 and a 200-day moving average price of $4.46. Schroders has a fifty-two week low of $4.00 and a fifty-two week high of $5.12.

About Schroders

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.