Rathbones Group Plc (LON:RAT – Get Free Report) insider Jonathan Sorrell bought 9 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were purchased at an average cost of GBX 1,662 per share, for a total transaction of £149.58.
Jonathan Sorrell also recently made the following trade(s):
- On Monday, July 6th, Jonathan Sorrell acquired 9 shares of Rathbones Group stock. The stock was acquired at an average cost of GBX 1,664 per share, for a total transaction of £149.76.
- On Tuesday, June 16th, Jonathan Sorrell bought 15,320 shares of Rathbones Group stock. The shares were acquired at an average cost of GBX 1,630 per share, with a total value of £249,716.
Rathbones Group Trading Down 1.7%
Shares of LON:RAT opened at GBX 1,640 on Thursday. The company has a debt-to-equity ratio of 10.07, a quick ratio of 0.14 and a current ratio of 111.06. The stock has a market capitalization of £1.67 billion, a price-to-earnings ratio of 14.60, a PEG ratio of -26.52 and a beta of 0.72. Rathbones Group Plc has a 1-year low of GBX 1,580 and a 1-year high of GBX 2,500. The company has a 50 day moving average price of GBX 1,678.94 and a 200 day moving average price of GBX 1,869.34.
Rathbones Group declared that its board has authorized a stock buyback plan on Wednesday, June 17th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.
Analyst Ratings Changes
RAT has been the topic of a number of research reports. Royal Bank Of Canada dropped their price target on shares of Rathbones Group from GBX 2,400 to GBX 1,950 and set an “outperform” rating on the stock in a research note on Thursday, June 18th. Jefferies Financial Group reissued an “underperform” rating and set a GBX 1,360 target price on shares of Rathbones Group in a research report on Thursday, July 30th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Rathbones Group currently has a consensus rating of “Hold” and an average target price of GBX 1,836.67.
View Our Latest Analysis on Rathbones Group
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.
See Also
- Five stocks we like better than Rathbones Group
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Receive News & Ratings for Rathbones Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rathbones Group and related companies with MarketBeat.com's FREE daily email newsletter.
