Rathbone Brothers (LON:RAT)‘s stock had its “hold” rating reiterated by equities researchers at Shore Capital in a report released on Thursday.
Several other research firms have also commented on RAT. Liberum Capital restated a “hold” rating and issued a GBX 2,422 ($32.85) price target on shares of Rathbone Brothers in a report on Thursday. Numis Securities restated a “hold” rating and issued a GBX 2,500 ($33.90) price target on shares of Rathbone Brothers in a report on Wednesday, October 18th. Peel Hunt upgraded shares of Rathbone Brothers to an “add” rating and boosted their price target for the company from GBX 2,630 ($35.67) to GBX 2,800 ($37.97) in a report on Thursday. Finally, Barclays boosted their price target 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 report on Thursday, October 19th. 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 presently has a consensus rating of “Hold” and an average price target of GBX 2,507.40 ($34.00).
Rathbone Brothers (RAT) traded up GBX 12 ($0.16) during trading hours on Thursday, hitting GBX 2,558 ($34.69). 45,669 shares of the stock traded hands, compared to its average volume of 26,781. Rathbone Brothers has a twelve month low of GBX 1,995 ($27.05) and a twelve month high of GBX 2,842 ($38.54). The company has a market cap of $1,310.00 and a price-to-earnings ratio of 3,045.24.
In other news, insider Philip Howell acquired 76 shares of Rathbone Brothers stock in a transaction that occurred on Friday, November 17th. The stock was purchased at an average price of GBX 2,351 ($31.88) per share, for a total transaction of £1,786.76 ($2,423.05).
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About Rathbone Brothers
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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