Rathbones Group (LON:RAT) Insider Acquires £151,712 in Stock

Rathbones Group Plc (LON:RAT) insider Clive Bannister acquired 8,800 shares of the firm’s stock in a transaction that occurred on Tuesday, October 27th. The stock was bought at an average price of GBX 1,724 per share, with a total value of £151,712.

Rathbones Group Stock Down 0.2%

Shares of LON:RAT opened at GBX 1,734 on Friday. The firm has a market cap of £1.77 billion, a P/E ratio of 15.44, a P/E/G ratio of -26.52 and a beta of 0.72. The company has a quick ratio of 0.14, a current ratio of 111.06 and a debt-to-equity ratio of 10.07. Rathbones Group Plc has a 12-month low of GBX 1,490 and a 12-month high of GBX 2,500. The business has a fifty day simple moving average of GBX 1,624.36 and a 200 day simple moving average of GBX 1,864.91.

Rathbones Group (LON:RAT) last announced its earnings results on Wednesday, July 29th. The company reported GBX 88.50 EPS for the quarter. Rathbones Group had a return on equity of 8.95% and a net margin of 11.20%. Analysts predict that Rathbones Group Plc will post 174.93 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on RAT. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 1,360 price objective on shares of Rathbones Group in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Rathbones Group from GBX 1,700 to GBX 1,800 and gave the company a “hold” rating in a research report on Friday, October 23rd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Rathbones Group currently has an average rating of “Hold” and an average target price of GBX 1,703.33.

About Rathbones Group

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.