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.

In other Rathbone Brothers news, insider Philip Howell purchased 76 shares of Rathbone Brothers stock in a transaction dated Friday, November 17th. The stock was purchased at an average price of GBX 2,351 ($31.88) per share, with a total value of £1,786.76 ($2,423.05).

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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.

Analyst Recommendations for Rathbone Brothers (LON:RAT)

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