Rathbone Brothers plc (RAT) Announces GBX 22 Dividend
Rathbone Brothers plc (LON:RAT) announced a dividend on Tuesday, July 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 7th will be given a dividend of GBX 22 ($0.29) per share on Tuesday, October 3rd. This represents a yield of 0.83%. The ex-dividend date is Thursday, September 7th. The official announcement can be accessed at this link.
Shares of Rathbone Brothers plc (RAT) traded up 0.61% during mid-day trading on Tuesday, hitting GBX 2646.00. The stock had a trading volume of 54,964 shares. The stock’s market capitalization is GBX 1.31 billion. The stock has a 50 day moving average of GBX 2,596.32 and a 200-day moving average of GBX 2,371.48. Rathbone Brothers plc has a 52 week low of GBX 1,724.46 and a 52 week high of GBX 2,694.00.
A number of equities analysts have recently weighed in on the company. Numis Securities Ltd reiterated a “hold” rating and set a GBX 2,500 ($32.57) target price on shares of Rathbone Brothers plc in a research note on Tuesday. Barclays PLC increased their target price on Rathbone Brothers plc from GBX 2,300 ($29.96) to GBX 2,500 ($32.57) and gave the stock an “equal weight” rating in a research note on Thursday, July 20th. Royal Bank Of Canada increased their target price on Rathbone Brothers plc from GBX 2,400 ($31.27) to GBX 2,600 ($33.87) and gave the stock a “sector perform” rating in a research note on Wednesday, July 19th. Liberum Capital increased their target price on Rathbone Brothers plc from GBX 1,832 ($23.87) to GBX 2,261 ($29.46) and gave the stock a “hold” rating in a research note on Wednesday, July 5th. Finally, Macquarie reiterated a “neutral” rating and set a GBX 2,341 ($30.50) target price on shares of Rathbone Brothers plc in a research note on Friday, June 2nd. One investment analyst has rated the stock with a sell rating and eight have given a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 2,405.78 ($31.34).
In related news, insider Paul Stockton purchased 100 shares of Rathbone Brothers plc stock in a transaction that occurred on Tuesday, May 16th. The shares were acquired at an average price of GBX 1,784 ($23.24) per share, with a total value of £1,784 ($2,324.13).
Rathbone Brothers plc Company Profile
Rathbone Brothers Plc (Rathbone) is a United Kingdom-based provider of investment and wealth management services for private clients, charities, professional intermediaries and trustees. The Company’s services include discretionary investment management, unit trusts, tax planning, trust and company management, pension advice and banking services.
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