Rathbone Brothers plc (RAT) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Rathbone Brothers plc (LON:RAT) have been assigned an average recommendation of “Hold” from the ten ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating and nine have issued a hold rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 2,590.50 ($35.13).
A number of brokerages have weighed in on RAT. Barclays boosted their target price on Rathbone Brothers from GBX 2,560 ($34.72) to GBX 2,770 ($37.56) and gave the stock an “equal weight” rating in a research report on Friday. Shore Capital reissued a “hold” rating on shares of Rathbone Brothers in a research report on Thursday. Liberum Capital reissued a “hold” rating and issued a GBX 2,422 ($32.85) target price on shares of Rathbone Brothers in a research report on Thursday. Peel Hunt raised Rathbone Brothers to an “add” rating and boosted their target price for the stock from GBX 2,630 ($35.67) to GBX 2,800 ($37.97) in a research report on Thursday. Finally, Numis Securities reaffirmed a “hold” rating and set a GBX 2,500 ($33.90) price target on shares of Rathbone Brothers in a research report on Thursday.
Rathbone Brothers (LON RAT) opened at GBX 2,558 ($34.69) on Monday. Rathbone Brothers has a 52-week low of GBX 1,995 ($27.05) and a 52-week high of GBX 2,842 ($38.54). The firm has a market capitalization of $1,310.00 and a PE ratio of 3,045.24.
COPYRIGHT VIOLATION NOTICE: This article was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another publication, it was stolen and reposted in violation of US and international copyright law. The original version of this article can be viewed at https://www.americanbankingnews.com/2018/01/15/rathbone-brothers-plc-rat-receives-consensus-recommendation-of-hold-from-brokerages-2.html.
About Rathbone Brothers
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.
Receive News & Ratings for Rathbone Brothers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rathbone Brothers and related companies with MarketBeat.com's FREE daily email newsletter.