Rathbone Brothers Receives Neutral Rating from Macquarie (RAT)
Rathbone Brothers (LON:RAT)‘s stock had its “neutral” rating reiterated by analysts at Macquarie in a research report issued to clients and investors on Thursday, AnalystRatings.NET reports. They currently have a GBX 1,710 ($27.43) price target on the stock. Macquarie’s price objective would suggest a potential upside of 13.25% from the stock’s previous close.
Rathbone Brothers (LON:RAT) traded up 1.19% on Thursday, hitting GBX 1528.00. The stock had a trading volume of 10,153 shares. Rathbone Brothers has a 52 week low of GBX 1190.00 and a 52 week high of GBX 1691.00. The stock has a 50-day moving average of GBX 1603. and a 200-day moving average of GBX 1550.81. The company’s market cap is £696.6 million.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Rathbone Brothers in a research note to investors on Wednesday, October 2nd. They now have a GBX 1,490 ($23.91) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Rathbone Brothers in a research note to investors on Thursday, August 1st. They now have a GBX 1,650 ($26.47) price target on the stock, up previously from GBX 1,500 ($24.07).
Rathbone Brothers Plc is a provider of personalized investment and wealth management services for private clients, charities and trustees.
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