Broker snap: Credit Suisse sees Schroders slowdown

1st Feb 2010 12:39

Credit Suisse expects a slowdown in inflows at Schroders and has downgraded its rating on the fund manager to 'neutral' from 'outperform.'It expects inflows in the current quarter to fall to £3.7bn from £7bn in the prior quarter and also sees stronger inflows into the lower margin institutional and corporate bond funds. It lowers its target price on the stock to 1,360p from 1,415p.Schroders' fourth quarter results are due on March 4.

Top Risers

Share	Price	Change
Animalcare Grp (ANCR)	333.00	0%
Abrdn Property (API)	2.275	0%
Strip Tinning (STG)	24.50	0%
Distil (DIS)	0.042	0%
Symphony Env. (SYM)	7.70	0%

Top Fallers

Share	Price	Change
Quantum Block (QBT)	0.36	0%
Wellnex Life (WNX)	5.50	0%
Mercantile Ports & Logistics (MPL)	2.20	0%
Alumasc Group (ALU)	221.50	0%
Tapir Holdings (TAPH)	32.50	0%

Top By Volume

Share	Price	Volume
Quantum Helium (QHE)	0.0405	0
Premier African Minerals (PREM)	0.0181	0
Ethernity Net (ENET)	0.0028	0
Tower Resources (TRP)	0.026	0
Caledonian Hold (CHP)	0.0042	0

All prices are delayed by at least 15 minutes. Share Compare cannot be held responsible for the accuracy of share prices shown on this website, and investors should be aware that share prices can go down as well as up. Share Compare does not offer advice, and is not regulated by the Financial Conduct Authority.