Rathbone Brothers plc’s Hold Rating Reaffirmed at Numis Securities Ltd (RAT)
Rathbone Brothers plc (LON:RAT)‘s stock had its “hold” rating reaffirmed by investment analysts at Numis Securities Ltd in a note issued to investors on Wednesday. They currently have a GBX 1,825 ($31.08) price objective on the stock. Numis Securities Ltd’s target price would suggest a potential downside of 7.87% from the stock’s previous close.
Shares of Rathbone Brothers plc (LON:RAT) opened at 2000.00 on Wednesday. Rathbone Brothers plc has a 1-year low of GBX 1473.00 and a 1-year high of GBX 2195.00. The stock’s 50-day moving average is GBX 2016. and its 200-day moving average is GBX 1829.. The company’s market cap is £896.1 million.
A number of other firms have also recently commented on RAT. Analysts at Macquarie reiterated a “neutral” rating on shares of Rathbone Brothers plc in a research note on Friday, June 6th. They now have a GBX 2,019 ($34.39) price target on the stock. Separately, analysts at Liberum Capital initiated coverage on shares of Rathbone Brothers plc in a research note on Thursday, June 5th. They set a “buy” rating and a GBX 2,214 ($37.71) price target on the stock. Finally, analysts at Canaccord Genuity downgraded shares of Rathbone Brothers plc to a “hold” rating in a research note on Monday, June 2nd. They now have a GBX 2,160 ($36.79) price target on the stock.
Rathbone Brothers Plc is a provider of personalized investment and wealth management services for private clients, charities and trustees.
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