Rathbone Brothers plc (LON:RAT) insider Andrew Morris sold 2,101 shares of Rathbone Brothers stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of GBX 2,733 ($37.76), for a total value of £57,420.33 ($79,331.76).
Shares of Rathbone Brothers plc (LON:RAT) opened at GBX 2,652 ($36.64) on Monday. Rathbone Brothers plc has a 52 week low of GBX 2,197 ($30.35) and a 52 week high of GBX 2,842 ($39.26). The company has a market capitalization of $1,360.00 and a price-to-earnings ratio of 2,882.61.
Rathbone Brothers (LON:RAT) last announced its quarterly earnings data on Thursday, February 22nd. The company reported GBX 138.80 ($1.92) EPS for the quarter, topping analysts’ consensus estimates of GBX 132.40 ($1.83) by GBX 6.40 ($0.09). Rathbone Brothers had a return on equity of 14.61% and a net margin of 16.47%. The business had revenue of £291.57 million during the quarter.
RAT has been the subject of several research reports. Liberum Capital reissued a “hold” rating and issued a GBX 2,422 ($33.46) target price on shares of Rathbone Brothers in a research note on Friday, December 8th. Numis Securities reaffirmed a “hold” rating and set a GBX 2,500 ($34.54) price objective on shares of Rathbone Brothers in a research note on Thursday, January 11th. Peel Hunt raised Rathbone Brothers to an “add” rating and lifted their price objective for the stock from GBX 2,630 ($36.34) to GBX 2,800 ($38.68) in a research note on Thursday, January 11th. Shore Capital reaffirmed a “hold” rating on shares of Rathbone Brothers in a research note on Thursday, January 11th. Finally, Barclays lifted their price objective 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. One research analyst has rated the stock with a sell rating and nine have issued a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 2,549.89 ($35.23).
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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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