Rathbones Group (LON:RAT) Insider Purchases £144.32 in Stock

Rathbones Group Plc (LON:RAT) insider Jonathan Sorrell purchased 8 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was purchased at an average price of GBX 1,804 per share, with a total value of £144.32.

Jonathan Sorrell also recently made the following trade(s):

• On Monday, October 6th, Jonathan Sorrell purchased 8 shares of Rathbones Group stock. The stock was purchased at an average price of GBX 1,838 per share, with a total value of £147.04.
• On Thursday, September 4th, Jonathan Sorrell purchased 8 shares of Rathbones Group stock. The stock was purchased at an average price of GBX 1,810 per share, with a total value of £144.80.

Rathbones Group Stock Up 0.2%

Shares of Rathbones Group stock opened at GBX 1,812 on Thursday. Rathbones Group Plc has a 52-week low of GBX 1,374 and a 52-week high of GBX 1,970. The company has a 50 day moving average of GBX 1,826.41 and a 200 day moving average of GBX 1,772.70. The company has a quick ratio of 0.14, a current ratio of 1.16 and a debt-to-equity ratio of 7.87. The company has a market capitalization of £1.90 billion, a P/E ratio of 30.66, a P/E/G ratio of -26.52 and a beta of 0.65.

Analyst Ratings Changes

Several brokerages have recently weighed in on RAT. Shore Capital restated a “buy” rating and set a GBX 2,200 price objective on shares of Rathbones Group in a research report on Wednesday, October 15th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 2,050 price objective on shares of Rathbones Group in a research report on Thursday, October 16th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 2,000 price objective on shares of Rathbones Group in a research report on Thursday, July 31st. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Rathbones Group presently has an average rating of “Moderate Buy” and an average target price of GBX 2,084.25.

Rathbones Group Company Profile

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.