Rathbone Brothers’ (RAT) Hold Rating Reiterated at Canaccord Genuity
Rathbone Brothers (LON:RAT)‘s stock had its “hold” rating reiterated by equities research analysts at Canaccord Genuity in a note issued to investors on Thursday. They presently have a GBX 2,705 ($37.37) price objective on the stock. Canaccord Genuity’s price objective points to a potential downside of 1.13% from the stock’s current price.
A number of other brokerages have also commented on RAT. Liberum Capital reaffirmed a “hold” rating and issued a GBX 2,422 ($33.46) price target on shares of Rathbone Brothers in a research note on Thursday, January 11th. Barclays raised their price target on Rathbone Brothers from GBX 2,560 ($35.37) to GBX 2,770 ($38.27) and gave the stock an “equal weight” rating in a research note on Friday, January 12th. Peel Hunt reaffirmed an “add” rating and issued a GBX 2,800 ($38.68) price target on shares of Rathbone Brothers in a research note on Thursday. Numis Securities reaffirmed a “hold” rating and issued a GBX 2,500 ($34.54) price target on shares of Rathbone Brothers in a research note on Thursday, January 11th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Rathbone Brothers in a research note on Thursday, January 11th. One investment analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 2,530.90 ($34.97).
Shares of Rathbone Brothers (LON:RAT) remained flat at $GBX 2,736 ($37.80) during mid-day trading on Thursday. The company’s stock had a trading volume of 63,220 shares, compared to its average volume of 44,743. Rathbone Brothers has a fifty-two week low of GBX 2,197 ($30.35) and a fifty-two week high of GBX 2,842 ($39.26). The company has a market cap of $1,400.00 and a PE ratio of 3,257.14.
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Rathbone Brothers Company Profile
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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