Rathbones Group (LON:RAT) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Rathbones Group Plc (LON:RAT)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,894.98 and traded as high as GBX 2,240. Rathbones Group shares last traded at GBX 2,235, with a volume of 29,064 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 2,050 price target on shares of Rathbones Group in a research report on Thursday, October 16th. Shore Capital Group reaffirmed a “buy” rating and set a GBX 2,200 target price on shares of Rathbones Group in a report on Wednesday, October 15th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,084.25.

Rathbones Group Stock Performance

The company has a market cap of £2.26 billion, a PE ratio of 37.06, a PEG ratio of -26.52 and a beta of 0.65. The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. The business’s 50 day moving average is GBX 2,001.43 and its two-hundred day moving average is GBX 1,897.17.

Rathbones Group Company Profile

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.