Rathbone Brothers plc Receives “Hold” Rating from Numis Securities Ltd (RAT)
Rathbone Brothers plc (LON:RAT)‘s stock had its “hold” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Tuesday, American Banking & Market News reports. They currently have a GBX 1,715 ($28.89) price objective on the stock. Numis Securities Ltd’s price objective indicates a potential downside of 11.37% from the stock’s previous close.
Shares of Rathbone Brothers plc (LON:RAT) opened at 1942.00 on Tuesday. Rathbone Brothers plc has a one year low of GBX 1469.00 and a one year high of GBX 2004.0001. The stock’s 50-day moving average is GBX 1921.56 and its 200-day moving average is GBX 1713.68. The company’s market cap is £870.1 million.
A number of other analysts have also recently weighed in on RAT. Analysts at Canaccord Genuity upgraded shares of Rathbone Brothers plc to a “buy” rating in a research note on Tuesday, April 1st. They now have a GBX 1,950 ($32.84) price target on the stock, up previously from GBX 1,800 ($30.32).
Rathbone Brothers Plc is a provider of personalized investment and wealth management services for private clients, charities and trustees.
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