Rathbones Group Plc to Issue Dividend of GBX 24 (LON:RAT)

Rathbones Group Plc (LON:RAT) declared a dividend on Wednesday, March 6th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 18th will be given a dividend of GBX 24 ($0.30) per share on Tuesday, May 14th. This represents a dividend yield of 1.55%. The ex-dividend date is Thursday, April 18th. The official announcement can be seen at this link.

Rathbones Group Stock Up 1.2 %

RAT opened at GBX 1,590.64 ($19.80) on Wednesday. The company has a debt-to-equity ratio of 9.42, a quick ratio of 0.14 and a current ratio of 1.17. Rathbones Group has a fifty-two week low of GBX 1,436 ($17.88) and a fifty-two week high of GBX 2,050 ($25.52). The firm’s fifty day moving average is GBX 1,553.20 and its 200 day moving average is GBX 1,606.68. The stock has a market cap of £1.44 billion, a price-to-earnings ratio of 3,111.84, a price-to-earnings-growth ratio of -26.52 and a beta of 0.68.

Analysts Set New Price Targets

RAT has been the topic of several research analyst reports. Barclays decreased their price target on shares of Rathbones Group from GBX 1,650 ($20.54) to GBX 1,520 ($18.92) and set an “underweight” rating on the stock in a research note on Tuesday, March 12th. Shore Capital reiterated a “buy” rating on shares of Rathbones Group in a research note on Wednesday, March 6th.

About Rathbones Group

Rathbones Group Plc, together with its subsidiaries, provides individual investment and wealth management services for private clients, charities, trustees, and professional partners in the United Kingdom, Jersey, and internationally. The company operates in two segments, Investment Management and Funds.