Rathbones Group (LON:RAT) Insider Clive Bannister Buys 15,300 Shares

Rathbones Group Plc (LON:RAT) insider Clive Bannister bought 15,300 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were purchased at an average cost of GBX 1,638 per share, with a total value of £250,614.

Rathbones Group Stock Down 16.8%

LON:RAT traded down GBX 328 during midday trading on Tuesday, reaching GBX 1,624. 7,286,552 shares of the stock traded hands, compared to its average volume of 544,687. Rathbones Group Plc has a 12-month low of GBX 1,582 and a 12-month high of GBX 2,500. The business has a 50-day moving average of GBX 1,992.31 and a two-hundred day moving average of GBX 2,024.68. The company has a debt-to-equity ratio of 14.65, a quick ratio of 0.14 and a current ratio of 190.82. The stock has a market capitalization of £1.68 billion, a PE ratio of 15.51, a price-to-earnings-growth ratio of -26.52 and a beta of 0.71.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 1,850 price target on shares of Rathbones Group in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 2,025.

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.