Tatton Asset Management’s (TAM) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Tatton Asset Management (LON:TAM – Free Report) in a research note released on Thursday,Digital Look reports. Berenberg Bank currently has a GBX 820 price objective on the stock.

Tatton Asset Management Price Performance

Shares of TAM stock opened at GBX 654 on Thursday. The stock has a 50-day moving average price of GBX 672.95 and a 200 day moving average price of GBX 662.76. The company has a quick ratio of 3.50, a current ratio of 3.36 and a debt-to-equity ratio of 1.15. The firm has a market cap of £397.23 million, a price-to-earnings ratio of 21.64, a PEG ratio of 1.91 and a beta of 0.72. Tatton Asset Management has a 12 month low of GBX 524.40 and a 12 month high of GBX 817.83.

Insider Transactions at Tatton Asset Management

In other news, insider Paul Edwards sold 20,000 shares of Tatton Asset Management stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of GBX 665, for a total transaction of £133,000. Also, insider Lothar Mentel sold 751 shares of Tatton Asset Management stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of GBX 698, for a total transaction of £5,241.98. Corporate insiders own 18.93% of the company’s stock.

About Tatton Asset Management

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Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients. Tatton Asset Management offers on-platform only discretionary fund management, regulatory, compliance and business consulting services, as well as a whole of market mortgage provision, to Directly Authorised financial advisers across the UK.

Further Reading

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