Several other research firms also recently issued reports on RAT. Macquarie restated a neutral rating and set a GBX 2,581 ($34.29) price objective on shares of Rathbone Brothers plc in a report on Tuesday, September 5th. Numis Securities Ltd reiterated a hold rating and issued a GBX 2,500 ($33.22) target price on shares of Rathbone Brothers plc in a research report on Monday, August 21st. Shore Capital reiterated a hold rating on shares of Rathbone Brothers plc in a research report on Friday, September 1st. Liberum Capital upped their target price on Rathbone Brothers plc from GBX 1,832 ($24.34) to GBX 2,261 ($30.04) and gave the company a hold rating in a research report on Wednesday, July 5th. Finally, J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 2,581 ($34.29) target price on shares of Rathbone Brothers plc in a research report on Tuesday, September 5th. One research analyst has rated the stock with a sell rating and nine have issued a hold rating to the stock. Rathbone Brothers plc presently has a consensus rating of Hold and an average price target of GBX 2,453.30 ($32.60).
Shares of Rathbone Brothers plc (RAT) traded down 0.65% during mid-day trading on Wednesday, hitting GBX 2588.00. 44,197 shares of the stock were exchanged. Rathbone Brothers plc has a 12 month low of GBX 1,745.00 and a 12 month high of GBX 2,842.00. The stock’s 50 day moving average is GBX 2,603.08 and its 200-day moving average is GBX 2,571.12. The stock’s market cap is GBX 1.30 billion.
The company also recently announced a dividend, which was paid on Tuesday, October 3rd. Investors of record on Thursday, September 7th were given a GBX 22 ($0.29) dividend. The ex-dividend date of this dividend was Thursday, September 7th. This represents a yield of 0.83%.
In other news, insider Paul Stockton bought 5,118 shares of the company’s stock in a transaction that occurred on Monday, September 4th. The shares were purchased at an average price of GBX 2,773 ($36.85) per share, for a total transaction of £141,922.14 ($188,575.79).
About Rathbone Brothers plc
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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