Rathbone Brothers plc Coverage Initiated at Liberum Capital (RAT)
Equities researchers at Liberum Capital assumed coverage on shares of Rathbone Brothers plc (LON:RAT) in a research report issued on Thursday. The firm set a “buy” rating and a GBX 2,214 ($37.12) price target on the stock. Liberum Capital’s target price suggests a potential upside of 4.53% from the stock’s previous close.
A number of other analysts have also recently weighed in on RAT. Analysts at Canaccord Genuity downgraded shares of Rathbone Brothers plc to a “hold” rating in a research note on Monday. They now have a GBX 2,160 ($36.21) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Rathbone Brothers plc in a research note on Tuesday, May 13th. They now have a GBX 1,715 ($28.75) price target on the stock.
Shares of Rathbone Brothers plc (LON:RAT) traded up 2.32% during mid-day trading on Thursday, hitting GBX 2118.00. 45,713 shares of the company’s stock traded hands. Rathbone Brothers plc has a one year low of GBX 1473.00 and a one year high of GBX 2184.00. The stock’s 50-day moving average is GBX 1978. and its 200-day moving average is GBX 1763.. The company’s market cap is £949.0 million.
Rathbone Brothers Plc is a provider of personalized investment and wealth management services for private clients, charities and trustees.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.