Rathbone Brothers PT Raised to GBX 1,800 (RAT)
Equities research analysts at Canaccord Genuity increased their price objective on shares of Rathbone Brothers (LON:RAT) from GBX 1,700 ($27.88) to GBX 1,800 ($29.52) in a research note issued to investors on Thursday, StockRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target points to a potential upside of 9.09% from the company’s current price.
A number of other analysts have also recently weighed in on RAT. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Rathbone Brothers in a research note to investors on Tuesday. They now have a GBX 1,600 ($26.24) price target on the stock.
Shares of Rathbone Brothers (LON:RAT) traded up 2.42% on Thursday, hitting GBX 1650.00. 79,037 shares of the company’s stock traded hands. Rathbone Brothers has a 52 week low of GBX 1280.00 and a 52 week high of GBX 1691.00. The stock’s 50-day moving average is GBX 1569. and its 200-day moving average is GBX 1591.. The company’s market cap is £752.2 million.
Rathbone Brothers Plc is a provider of personalized investment and wealth management services for private clients, charities and trustees.
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