Schroders (OTCMKTS:SHNWF) Stock Rating Upgraded by 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 report released on Wednesday,Zacks.com reports.

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

Schroders Price Performance

Shares of OTCMKTS:SHNWF opened at $4.09 on Wednesday. Schroders has a one year low of $4.00 and a one year high of $5.12. The company has a 50-day simple moving average of $4.21 and a 200-day simple moving average of $4.46.

Schroders Company Profile

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.