Broker tips: Schroders, Prudential
20th Mar 2025 13:38
(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating on Schroders on Thursday and hiked its price target to 475p from 395p as it lifted its adjusted operating earnings estimates by 1%/6%/9% over FY25/26/27, updating the FY24 results and strategy evolution.
Read moreRBC Capital reiterates 'outperform' on Schroders, hikes price target
20th Mar 2025 11:14
(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating on Schroders on Thursday and hiked its price target to 475p from 395p as it lifted its adjusted operating earnings estimates by 1%/6%/9% over FY25/26/27, updating the FY24 results and strategy evolution.
Read moreSchroders outlines new three-year strategy, FY24 profits down
6th Mar 2025 09:23
(Sharecast News) - Asset manager Schroders detailed its new three-year strategy alongside its FY24 earnings on Thursday as it stated it would now look to draw in new business and curtail rising costs.
Read moreRBC Capital upgrades Schroders to 'outperform'
5th Feb 2025 09:35
(Sharecast News) - RBC Capital Markets upgraded Schroders on Wednesday to 'outperform' from 'sector perform' ahead of full-year results on 6 March.
Read moreLondon close: Stocks weaker after surprise UK GDP contraction
13th Dec 2024 16:29
(Sharecast News) - London's stock markets closed lower on Friday as investors reacted to an unexpected contraction in the UK economy during October, while the pound lost ground against major currencies.
Read moreSchroders reportedly looking to offload Indonesian unit
13th Dec 2024 07:17
(Sharecast News) - UK-based asset manager Schroders is reportedly looking to sell its Indonesian business as it considers exiting some sub-scale markets under new boss Richard Oldfield.
Read moreLondon close: Stocks turn negative as Americans head to the polls
5th Nov 2024 16:41
(Sharecast News) - London stocks closed lower on Tuesday, with caution dominating markets as US voters headed to the presidential polls.
Read moreSchroders reports record AuM despite some challenges
5th Nov 2024 07:18
(Sharecast News) - Schroders reported a record high in assets under management on Tuesday, reaching £777.4bn as of 30 September, although large third-quarter outflows took the shine off the news.
Read moreLondon close: Stocks higher as US jobs report underwhelms
1st Nov 2024 15:08
(Sharecast News) - London stocks closed higher on Friday, as investors digested an unexpectedly low US payrolls figure, as well as a range of UK economic releases.
Read moreBNP Paribas Exane upgrades Schroders ahead of Q3 results
1st Nov 2024 09:36
(Sharecast News) - BNP Paribas Exane upgraded Schroders on Friday to 'outperform' from 'neutral' ahead of third-quarter results next week, as it pointed to improving momentum and an attractive valuation.
Read moreSchroders appoints two new execs to the board
26th Sep 2024 07:48
(Sharecast News) - Schroders has moved its chief operating officer into the chief financial officer position, after its former finance lead was promoted to chief executive earlier this month.
Read moreSchroders finance chief to take over CEO role
10th Sep 2024 07:17
(Sharecast News) - Schroders announced the appointment of Richard Oldfield as its new group chief executive on Tuesday, effective from 8 November, pending regulatory approval.
Read moreLondon close: Stocks mixed as investors look to Jackson Hole
22nd Aug 2024 15:31
(Sharecast News) - London's stock markets closed on a mixed note Thursday, as traders remained cautious ahead of a speech from Federal Reserve chair Jerome Powell.
Read moreLondon close: Stocks slide as Bank of England trims rates
1st Aug 2024 16:09
(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, as investors digested the Bank of England's decision to cut interest rates for the first time in four years.
Read moreSchroders shares slide despite record high assets under management
1st Aug 2024 10:17
(Sharecast News) - Shares in Schroders were sliding on Thursday morning even after it announced a record high assets under management (AUM) of £773.7bn in its half-year results, up from £726.1bn a year earlier.
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