Rathbone Brothers plc (RAT) Receives GBX 2,515.38 Average PT from Analysts
Shares of Rathbone Brothers plc (LON:RAT) have been given a consensus recommendation of “Hold” by the ten analysts that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating and nine have issued a hold rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 2,515.38 ($32.49).
RAT has been the topic of a number of research reports. N+1 Singer reaffirmed a “sell” rating on shares of Rathbone Brothers plc in a research note on Monday, August 21st. Liberum Capital reissued a “hold” rating and issued a GBX 2,261 ($29.20) price objective on shares of Rathbone Brothers plc in a research note on Monday, August 21st. Shore Capital reissued a “hold” rating on shares of Rathbone Brothers plc in a research note on Friday, September 1st. Peel Hunt lowered their price objective on Rathbone Brothers plc from GBX 2,630 ($33.97) to GBX 2,530 ($32.67) and set a “hold” rating for the company in a research note on Monday, August 21st. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 2,500 ($32.29) price objective on shares of Rathbone Brothers plc in a research note on Monday, August 21st.
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In other Rathbone Brothers plc news, insider Paul Stockton bought 5,118 shares of Rathbone Brothers plc stock in a transaction dated Monday, September 4th. The stock was bought at an average cost of GBX 2,773 ($35.81) per share, with a total value of £141,922.14 ($183,290.90).
Rathbone Brothers plc (LON:RAT) traded down 1.13% on Tuesday, reaching GBX 2543.00. The company’s stock had a trading volume of 75,224 shares. Rathbone Brothers plc has a 52-week low of GBX 1,724.46 and a 52-week high of GBX 2,842.00. The firm’s 50-day moving average price is GBX 2,710.76 and its 200 day moving average price is GBX 2,526.04. The company’s market cap is GBX 1.28 billion.
The business also recently disclosed a dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Thursday, September 7th will be paid a GBX 22 ($0.28) dividend. This represents a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, September 7th.
About Rathbone Brothers plc
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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