Rathbone Brothers plc (RAT) Stock Rating Reaffirmed by Numis Securities Ltd

Rathbone Brothers plc (LON:RAT)‘s stock had its “hold” rating restated by equities researchers at Numis Securities Ltd in a report released on Wednesday. They presently have a GBX 2,500 ($33.22) price objective on the stock. Numis Securities Ltd’s price objective indicates a potential downside of 4.03% from the stock’s current price.

RAT has been the topic of a number of other reports. Liberum Capital reissued a “hold” rating and issued a GBX 2,261 ($30.04) price objective on shares of Rathbone Brothers plc in a research note on Wednesday. Royal Bank Of Canada lifted their price objective on shares of Rathbone Brothers plc from GBX 2,400 ($31.89) to GBX 2,600 ($34.55) and gave the company a “sector perform” rating in a research note on Wednesday, July 19th. Peel Hunt reissued a “hold” rating and issued a GBX 2,630 ($34.95) price objective on shares of Rathbone Brothers plc in a research note on Wednesday. Shore Capital reissued a “hold” rating on shares of Rathbone Brothers plc in a research note on Tuesday, August 1st. Finally, N+1 Singer reissued a “sell” rating on shares of Rathbone Brothers plc in a research note on Monday, August 21st. One equities research analyst has rated the stock with a sell rating and nine have given a hold rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 2,453.30 ($32.60).

Rathbone Brothers plc (LON RAT) traded down 0.65% during midday trading on Wednesday, hitting GBX 2588.00. The stock had a trading volume of 44,197 shares. The company’s 50 day moving average is GBX 2,608.68 and its 200 day moving average is GBX 2,571.01. The company’s market cap is GBX 1.30 billion. Rathbone Brothers plc has a 1-year low of GBX 1,745.00 and a 1-year high of GBX 2,842.00.

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In related news, insider Paul Stockton bought 5,118 shares of the firm’s stock in a transaction on Monday, September 4th. The shares were purchased at an average price of GBX 2,773 ($36.85) per share, with a total value of £141,922.14 ($188,575.79).

Rathbone Brothers plc 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.

Analyst Recommendations for Rathbone Brothers plc (LON:RAT)

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