Rathbones Group (LON:RAT) Insider Jonathan Sorrell Purchases 7 Shares

Rathbones Group Plc (LON:RAT) insider Jonathan Sorrell purchased 7 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were purchased at an average price of GBX 1,914 per share, with a total value of £133.98.

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

• On Tuesday, November 4th, Jonathan Sorrell acquired 8 shares of Rathbones Group stock. The stock was acquired at an average price of GBX 1,804 per share, for a total transaction of £144.32.

Rathbones Group Stock Performance

Shares of LON RAT traded down GBX 4 during trading hours on Wednesday, hitting GBX 1,970. 70,677 shares of the company’s stock were exchanged, compared to its average volume of 684,357. Rathbones Group Plc has a 1-year low of GBX 1,374 and a 1-year high of GBX 1,990. The company has a debt-to-equity ratio of 7.87, a current ratio of 1.16 and a quick ratio of 0.14. The stock has a market capitalization of £2.05 billion, a price-to-earnings ratio of 33.33, a PEG ratio of -26.52 and a beta of 0.65. The company’s 50-day moving average price is GBX 1,838.21 and its 200-day moving average price is GBX 1,840.70.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on RAT shares. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 2,050 price objective on shares of Rathbones Group in a research note on Thursday, October 16th. Shore Capital reissued a “buy” rating and issued a GBX 2,200 price target on shares of Rathbones Group in a report on Wednesday, October 15th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,084.25.

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.