Schroders (OTCMKTS:SHNWF) Rating Increased to Moderate Buy at Royal Bank of Canada

Schroders (OTCMKTS:SHNWF) was upgraded by equities researchers at Royal Bank of Canada from a “hold” rating to a “moderate buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

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

Schroders Stock Performance

Shares of OTCMKTS SHNWF opened at $4.09 on Wednesday. The stock has a fifty day moving average of $4.21 and a 200-day moving average 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.