Rathbone Brothers (LON:RAT) had its price target decreased by stock analysts at Barclays from GBX 2,770 ($38.27) to GBX 2,660 ($36.75) in a note issued to investors on Friday. The brokerage currently has an “equal weight” rating on the stock. Barclays’ price objective indicates a potential upside of 0.30% from the stock’s current price.
Other equities research analysts also recently issued reports about the company. Canaccord Genuity restated a “hold” rating and set a GBX 2,705 ($37.37) price objective on shares of Rathbone Brothers in a research report on Thursday. Liberum Capital restated a “hold” rating and set a GBX 2,422 ($33.46) price objective on shares of Rathbone Brothers in a research report on Thursday, January 11th. Peel Hunt restated an “add” rating and set a GBX 2,800 ($38.68) price objective on shares of Rathbone Brothers in a research report on Thursday. Numis Securities restated a “hold” rating and set a GBX 2,500 ($34.54) price objective on shares of Rathbone Brothers in a research report on Thursday, January 11th. Finally, Shore Capital restated a “hold” rating on shares of Rathbone Brothers in a research report on Thursday, January 11th. One investment analyst has rated the stock with a sell rating and nine have issued a hold rating to the company. Rathbone Brothers has a consensus rating of “Hold” and a consensus price target of GBX 2,549.89 ($35.23).
Shares of Rathbone Brothers (LON RAT) opened at GBX 2,652 ($36.64) on Friday. The company has a market capitalization of $1,360.00 and a PE ratio of 2,882.61. Rathbone Brothers has a 52-week low of GBX 2,197 ($30.35) and a 52-week high of GBX 2,842 ($39.26).
Rathbone Brothers (LON:RAT) last posted its earnings results on Thursday, February 22nd. The company reported GBX 138.80 ($1.92) EPS for the quarter, topping analysts’ consensus estimates of GBX 132.40 ($1.83) by GBX 6.40 ($0.09). The company had revenue of £291.57 million for the quarter. Rathbone Brothers had a return on equity of 12.54% and a net margin of 13.17%.
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Rathbone Brothers 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.
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