Rathbone Brothers plc (RAT) Given Consensus Recommendation of “Hold” by Analysts

Shares of Rathbone Brothers plc (LON:RAT) have been given a consensus recommendation of “Hold” by the ten brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating and nine have given a hold rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 2,590.50 ($35.13).

A number of research analysts have recently commented on RAT shares. Shore Capital reiterated a “hold” rating on shares of Rathbone Brothers in a research report on Wednesday, October 18th. Liberum Capital reiterated a “hold” rating and set a GBX 2,422 ($32.85) target price on shares of Rathbone Brothers in a research report on Thursday. Numis Securities reiterated a “hold” rating and set a GBX 2,500 ($33.90) target price on shares of Rathbone Brothers in a research report on Wednesday, October 18th. Barclays increased their target price on Rathbone Brothers from GBX 2,560 ($34.72) to GBX 2,770 ($37.56) and gave the company an “equal weight” rating in a research report on Friday. Finally, Peel Hunt upgraded Rathbone Brothers to an “add” rating and increased their target price for the company from GBX 2,630 ($35.67) to GBX 2,800 ($37.97) in a research report on Thursday.

In related news, insider Philip Howell purchased 76 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The shares were bought at an average price of GBX 2,351 ($31.88) per share, for a total transaction of £1,786.76 ($2,423.05).

Rathbone Brothers (LON RAT) opened at GBX 2,558 ($34.69) on Monday. Rathbone Brothers has a 52 week low of GBX 1,995 ($27.05) and a 52 week high of GBX 2,842 ($38.54). The firm has a market capitalization of $1,310.00 and a P/E ratio of 3,045.24.

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About Rathbone Brothers

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 (LON:RAT)

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