Brokerages Set Rathbone Brothers plc (RAT) Target Price at $2,292.25
Rathbone Brothers plc (LON:RAT) has been given an average recommendation of “Buy” by the six ratings firms that are currently covering the firm. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 2,292.25 ($28.65).
A number of equities analysts have commented on RAT shares. Peel Hunt reaffirmed a “buy” rating and set a GBX 2,240 ($27.99) target price on shares of Rathbone Brothers plc in a research note on Monday, December 5th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 2,350 ($29.37) target price on shares of Rathbone Brothers plc in a research note on Friday, December 2nd. Shore Capital reaffirmed a “buy” rating on shares of Rathbone Brothers plc in a research note on Thursday, October 20th. Canaccord Genuity lifted their target price on shares of Rathbone Brothers plc from GBX 2,235 ($27.93) to GBX 2,325 ($29.06) and gave the stock a “buy” rating in a research note on Thursday, October 20th. Finally, Liberum Capital reaffirmed a “hold” rating on shares of Rathbone Brothers plc in a research note on Thursday, January 12th.
Shares of Rathbone Brothers plc (LON:RAT) opened at 2222.00 on Tuesday. The stock’s market cap is GBX 1.06 billion. Rathbone Brothers plc has a 12 month low of GBX 1,577.00 and a 12 month high of GBX 2,329.00. The stock has a 50 day moving average of GBX 2,071.41 and a 200 day moving average of GBX 1,901.39.
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About Rathbone Brothers plc
Rathbone Brothers Plc (Rathbone) is a United Kingdom-based provider of investment and wealth management services for private clients, charities, professional intermediaries and trustees. The Company’s services include discretionary investment management, unit trusts, tax planning, trust and company management, pension advice and banking services.
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