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

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

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

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

Rathbones Group Price Performance

Shares of RAT traded down GBX 34 during trading hours on Thursday, hitting GBX 1,780. 1,187,258 shares of the stock were exchanged, compared to its average volume of 568,389. The stock’s 50-day moving average price is GBX 1,631.16 and its two-hundred day moving average price is GBX 1,857.33. Rathbones Group Plc has a 12-month low of GBX 1,490 and a 12-month high of GBX 2,500. 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 company has a market cap of £1.81 billion, a price-to-earnings ratio of 15.85, a price-to-earnings-growth ratio of -26.52 and a beta of 0.72.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on RAT shares. Deutsche Bank Aktiengesellschaft raised their price target on shares of Rathbones Group from GBX 1,700 to GBX 1,800 and gave the stock a “hold” rating in a research note on Friday, October 23rd. Jefferies Financial Group reissued an “underperform” rating and issued a GBX 1,360 target price on shares of Rathbones Group in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Rathbones Group currently has a consensus 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.