In the past few sessions the Schroders plc's share has suffered a sharp fall and now is coming back on important level of support.

From a fundamental viewpoint, the security is weak valued with price earnings ratio of 11.22 for this year, and for next year is estimated to 10.03. In addition it has also a weak enterprise value to sales ratio at 1.09 for this year.

Currently, the share is within oversold zone, is moving in a bearish trend on the medium-term. In the short-term this trend could be reversed in contact with 1166 GBp. The share should be able to rise in the coming sessions. This support represents an important purchase opportunity within the framework of a technical rebound towards of 1322 GBp and then to the 1393 GBp.

The technical pattern and strong Schroders plc's fundamentals is a good opportunity for active investors to buy above of 1166 GBp. The potential drop is limited and the timing seems ideal to benefit of technical rebound. The first target price is 1322 GBp, and then to aim at 1393 GBp. However, we shouldn't continue this strategy under 1150 GBp, in fact the downward trend could restart.