Tatton Asset Management (LON:TAM) Stock Keeps “Buy” Rating at Berenberg Bank

Tatton Asset Management (LON:TAM)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 820 target price on the stock. Berenberg Bank’s price target suggests a potential upside of 22.30% from the stock’s current price.

Tatton Asset Management Stock Down 0.8%

Shares of Tatton Asset Management stock traded down GBX 5.52 on Thursday, hitting GBX 670.48. The company had a trading volume of 148,037 shares, compared to its average volume of 171,403. The stock has a 50-day moving average of GBX 674.83 and a 200-day moving average of GBX 662.10. The company has a debt-to-equity ratio of 1.15, a current ratio of 3.36 and a quick ratio of 3.50. Tatton Asset Management has a twelve month low of GBX 524.40 and a twelve month high of GBX 817.83. The firm has a market capitalization of £407.24 million, a P/E ratio of 22.19, a P/E/G ratio of 1.91 and a beta of 0.71.

Insider Buying and Selling at Tatton Asset Management

In related news, insider Paul Edwards sold 20,000 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of GBX 665, for a total value of £133,000. Also, insider Lothar Mentel sold 751 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of GBX 698, for a total transaction of £5,241.98. Insiders own 18.93% of the company’s stock.

Tatton Asset Management Company Profile

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients. Tatton Asset Management offers on-platform only discretionary fund management, regulatory, compliance and business consulting services, as well as a whole of market mortgage provision, to Directly Authorised financial advisers across the UK.