From a fundamental viewpoint, the company is strong. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year. Moreover, sales are expected to rise by more than 11.5% in 2013.

Technical patterns are in the green: prices are up for several months and moving average are well oriented. The stock has just come out from its bullish channel and is now going towards the 2324.5 resistance.

In consequence, investors can take a long position in Schroders with a first target price at GBp 2324.5. A new bullish fluctuation could lead the security toward its highest level in case of breakout of this resistance. A stop loss will be fixed under the GBp 2044 short term support.