Numis Securities Ltd Reaffirms “Hold” Rating for Rathbone Brothers plc (RAT)
Numis Securities Ltd reiterated their hold rating on shares of Rathbone Brothers plc (LON:RAT) in a report released on Monday morning, Marketbeat Ratings reports. They currently have a GBX 2,500 ($32.45) target price on the stock.
Other research analysts have also issued reports about the stock. Peel Hunt reiterated an add rating and issued a GBX 2,450 ($31.81) target price on shares of Rathbone Brothers plc in a research report on Thursday, May 11th. Barclays PLC upped their target price on shares of Rathbone Brothers plc from GBX 2,300 ($29.86) to GBX 2,500 ($32.45) and gave the stock an equal weight rating in a research report on Thursday, July 20th. Shore Capital reiterated a hold rating on shares of Rathbone Brothers plc in a research report on Tuesday, August 1st. Canaccord Genuity reiterated a hold rating and issued a GBX 2,470 ($32.07) target price on shares of Rathbone Brothers plc in a research report on Friday, July 21st. Finally, Liberum Capital reiterated a hold rating on shares of Rathbone Brothers plc in a research report on Thursday, May 11th. One research analyst has rated the stock with a sell rating and eight have given a hold rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 2,394.67 ($31.09).
Rathbone Brothers plc (RAT) opened at 2790.00 on Monday. The firm has a 50-day moving average price of GBX 2,666.46 and a 200 day moving average price of GBX 2,473.26. Rathbone Brothers plc has a 12 month low of GBX 1,724.46 and a 12 month high of GBX 2,842.00. The company’s market cap is GBX 1.41 billion.
The firm also recently declared a dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Thursday, September 7th will be given a dividend of GBX 22 ($0.29) per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 0.83%.
Rathbone Brothers plc Company Profile
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.
Receive News & Ratings for Rathbone Brothers plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rathbone Brothers plc and related companies with Analyst Ratings Network's FREE daily email newsletter.