Rathbone Brothers Plc (LON:RAT) has been given an average recommendation of “Buy” by the seven brokerages that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 2,011.80 ($26.28).
A number of equities analysts have issued reports on the company. Berenberg Bank increased their price target on Rathbone Brothers from GBX 1,850 ($24.17) to GBX 2,000 ($26.13) and gave the stock a “buy” rating in a report on Monday, March 8th. Shore Capital restated a “buy” rating on shares of Rathbone Brothers in a report on Wednesday, January 13th. Finally, Canaccord Genuity increased their price target on Rathbone Brothers from GBX 1,846 ($24.12) to GBX 2,184 ($28.53) and gave the stock a “buy” rating in a report on Wednesday, January 20th.
Rathbone Brothers stock opened at GBX 1,828 ($23.88) on Monday. The stock has a market capitalization of £1.07 billion and a price-to-earnings ratio of 38.15. Rathbone Brothers has a 52-week low of GBX 1,344 ($17.56) and a 52-week high of GBX 1,853.88 ($24.22). The stock’s 50 day moving average price is GBX 1,645.76 and its two-hundred day moving average price is GBX 1,572.50. The company has a debt-to-equity ratio of 14.94, a quick ratio of 0.12 and a current ratio of 1.12.
The company also recently announced a dividend, which will be paid on Tuesday, May 11th. Investors of record on Thursday, April 22nd will be issued a GBX 47 ($0.61) dividend. This is a boost from Rathbone Brothers’s previous dividend of $25.00. This represents a dividend yield of 2.93%. The ex-dividend date is Thursday, April 22nd. Rathbone Brothers’s dividend payout ratio (DPR) is currently 1.47%.
About Rathbone Brothers
Rathbone Brothers Plc, through its subsidiaries, provides individual investment and wealth management services for private clients, charities, trustees, and professional partners in the United Kingdom and Jersey. Its services include discretionary investment management, unit trust managed, financial planning, unitized portfolio, managed portfolio, select portfolio, and banking and loan services, as well as trust, legal, estate, and tax advisory services.
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