Iain Cummings Acquires 47 Shares of Rathbones Group (LON:RAT) Stock

Rathbones Group Plc (LON:RAT) insider Iain Cummings purchased 47 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was acquired at an average price of GBX 1,810 per share, for a total transaction of £850.70.

Rathbones Group Trading Up 1.7%

Rathbones Group stock opened at GBX 1,838 on Monday. The company has a debt-to-equity ratio of 7.87, a quick ratio of 0.14 and a current ratio of 1.16. The firm has a market cap of £1.93 billion, a price-to-earnings ratio of 3,109.98, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65. Rathbones Group Plc has a 1 year low of GBX 1,374 and a 1 year high of GBX 1,970. The firm’s 50 day moving average price is GBX 1,850.18 and its two-hundred day moving average price is GBX 1,719.52.

Rathbones Group (LON:RAT) last posted its quarterly earnings results on Wednesday, July 30th. The company reported GBX 75.60 earnings per share (EPS) for the quarter. Rathbones Group had a net margin of 7.25% and a return on equity of 4.66%. On average, research analysts predict that Rathbones Group Plc will post 174.9287749 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on RAT. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 2,000 price objective on shares of Rathbones Group in a research note on Thursday, July 31st. Shore Capital reaffirmed a “buy” rating and issued a GBX 2,200 price objective on shares of Rathbones Group in a research note on Wednesday, July 23rd. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,095.67.

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.