Rathbone Brothers plc (RAT) Receives GBX 2,913.50 Average Price Target from Analysts

Shares of Rathbone Brothers plc (LON:RAT) have received an average rating of “Buy” from the six ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 2,913.50 ($38.07).

A number of analysts have recently weighed in on the company. Numis Securities reiterated a “hold” rating on shares of Rathbone Brothers in a research report on Thursday, May 9th. Peel Hunt reiterated a “buy” rating on shares of Rathbone Brothers in a research report on Monday, April 29th. Shore Capital reiterated a “hold” rating on shares of Rathbone Brothers in a research report on Thursday, February 21st. Finally, Royal Bank of Canada reiterated a “sector perform” rating on shares of Rathbone Brothers in a research report on Thursday, February 21st.

In other news, insider Andrew Butcher sold 1,670 shares of the company’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of GBX 2,395 ($31.29), for a total transaction of £39,996.50 ($52,262.51).

Shares of LON:RAT traded up GBX 15 ($0.20) during trading on Thursday, reaching GBX 2,105 ($27.51). 16,450 shares of the company traded hands, compared to its average volume of 47,085. The company has a market cap of $1.14 billion and a price-to-earnings ratio of 24.42. The company has a debt-to-equity ratio of 4.37, a quick ratio of 0.16 and a current ratio of 1.11. Rathbone Brothers has a 52 week low of GBX 2,055 ($26.85) and a 52 week high of GBX 2,708 ($35.38).

Rathbone Brothers Company Profile

Rathbone Brothers Plc, through its subsidiaries, provides personalized investment and wealth management services for private clients, charities, and trustees in the United Kingdom and Jersey. Its services include discretionary investment management, unit trusts, financial planning, banking and loan, and unitized portfolio services, as well as trust, legal, estate, and tax advisory services.

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Analyst Recommendations for Rathbone Brothers (LON:RAT)

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