Rathbones Group (LON:RAT) Insider Iain Hooley Buys 8 Shares of Stock

Rathbones Group Plc (LON:RAT) insider Iain Hooley bought 8 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The shares were purchased at an average price of GBX 1,768 per share, for a total transaction of £141.44.

Iain Hooley also recently made the following trade(s):

• On Monday, October 5th, Iain Hooley bought 10 shares of Rathbones Group stock. The stock was purchased at an average cost of GBX 1,536 per share, for a total transaction of £153.60.
• On Friday, September 4th, Iain Hooley bought 9 shares of Rathbones Group stock. The stock was purchased at an average cost of GBX 1,662 per share, for a total transaction of £149.58.

Rathbones Group Stock Down 1.9%

Rathbones Group stock traded down GBX 34 during trading on Thursday, reaching GBX 1,780. The stock had a trading volume of 1,187,258 shares, compared to its average volume of 568,389. Rathbones Group Plc has a 52-week low of GBX 1,490 and a 52-week high of GBX 2,500. The business has a 50 day moving average price of GBX 1,631.16 and a 200 day moving average price of GBX 1,857.33. The company has a quick ratio of 0.14, a current ratio of 111.06 and a debt-to-equity ratio of 10.07. The stock has a market cap of £1.81 billion, a PE ratio of 15.85, a P/E/G ratio of -26.52 and a beta of 0.72.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Rathbones Group from GBX 1,700 to GBX 1,800 and gave the company a “hold” rating in a report on Friday, October 23rd. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 1,360 target price on shares of Rathbones Group in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Rathbones Group currently has a consensus rating of “Hold” and a consensus price target of GBX 1,703.33.

About Rathbones Group

With roots dating back to 1742, Rathbones is one of the UK’s leading providers of investment and wealth management services for private clients (individuals and families), charities, trustees and professional partners. Rathbones’ purpose is to help more people invest their money well, so they can live well.

Rathbones has been trusted for generations to manage, preserve and grow clients’ wealth and services include discretionary investment management, fund management, tax planning, trust and company management, financial advice and banking services.