Rathbone Brothers (RAT) Earns “Hold” Rating from Liberum Capital
Liberum Capital reissued their hold rating on shares of Rathbone Brothers (LON:RAT) in a report released on Thursday morning. Liberum Capital currently has a GBX 2,422 ($32.85) target price on the stock.
Several other analysts have also recently weighed in on RAT. Numis Securities restated a hold rating and set a GBX 2,500 ($33.90) price objective on shares of Rathbone Brothers in a research report on Thursday. Peel Hunt upgraded shares of Rathbone Brothers to an add rating and raised their price objective for the company from GBX 2,630 ($35.67) to GBX 2,800 ($37.97) in a research report on Thursday. Barclays raised their price objective on shares of Rathbone Brothers from GBX 2,500 ($33.90) to GBX 2,560 ($34.72) and gave the company an equal weight rating in a research report on Thursday, October 19th. Finally, Shore Capital restated a hold rating on shares of Rathbone Brothers in a research report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating and nine have given a hold rating to the company’s stock. Rathbone Brothers currently has a consensus rating of Hold and an average price target of GBX 2,507.40 ($34.00).
Rathbone Brothers (LON RAT) traded up GBX 12 ($0.16) during trading on Thursday, hitting GBX 2,558 ($34.69). 45,669 shares of the stock traded hands, compared to its average volume of 26,781. The stock has a market cap of $1,310.00 and a PE ratio of 3,045.24. Rathbone Brothers has a 12-month low of GBX 1,995 ($27.05) and a 12-month high of GBX 2,842 ($38.54).
In other Rathbone Brothers news, insider Philip Howell bought 76 shares of Rathbone Brothers stock in a transaction that occurred on Friday, November 17th. The shares were bought at an average price of GBX 2,351 ($31.88) per share, with a total value of £1,786.76 ($2,423.05).
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Rathbone Brothers 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.
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