Rathbones Group (LON:RAT) Insider Jonathan Sorrell Acquires 8 Shares of Company Stock

Rathbones Group Plc (LON:RAT) insider Jonathan Sorrell  bought 8 shares of the company’s stock in a transaction that occurred on Wednesday, November 4th. The shares were bought at an average cost of GBX 1,768 per share, for a total transaction of £141.44.

Jonathan Sorrell  also recently made the following trade(s):

• On Monday, October 5th, Jonathan Sorrell  acquired 10 shares of Rathbones Group stock. The shares were purchased at an average cost of GBX 1,536 per share, for a total transaction of £153.60.
• On Friday, September 4th, Jonathan Sorrell  bought 9 shares of Rathbones Group stock. The stock was purchased at an average price of GBX 1,662 per share, with a total value of £149.58.

Rathbones Group Stock Performance

LON RAT traded down GBX 34 during mid-day trading on Thursday, reaching GBX 1,780. 1,187,258 shares of the stock were exchanged, compared to its average volume of 568,389. The business’s 50 day moving average is GBX 1,631.16 and its 200-day moving average is GBX 1,857.33. Rathbones Group Plc has a 1 year low of GBX 1,490 and a 1 year high of GBX 2,500. The company has a market capitalization of £1.81 billion, a P/E ratio of 15.85, a P/E/G ratio of -26.52 and a beta of 0.72. The company has a debt-to-equity ratio of 10.07, a quick ratio of 0.14 and a current ratio of 111.06.

Wall Street Analysts Forecast Growth

RAT has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on Rathbones Group from GBX 1,700 to GBX 1,800 and gave the stock a “hold” rating in a report on Friday, October 23rd. Jefferies Financial Group reissued an “underperform” rating and issued a GBX 1,360 price objective on shares of Rathbones Group in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 1,703.33.

Rathbones Group Company Profile

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.