Rathbone Brothers plc’s (LON:RAT) Hold Rating Reiterated at Liberum Capital

Rathbone Brothers plc (LON:RAT)‘s stock had its “hold” rating reissued by investment analysts at Liberum Capital in a research note issued to investors on Wednesday, October 18th. They presently have a GBX 2,261 ($29.84) price objective on the stock. Liberum Capital’s price target would indicate a potential downside of 11.37% from the company’s previous close.

A number of other equities analysts also recently issued reports on the stock. Shore Capital reaffirmed a “hold” rating on shares of Rathbone Brothers plc in a report on Wednesday, October 18th. Peel Hunt reaffirmed a “hold” rating and set a GBX 2,630 ($34.71) price objective on shares of Rathbone Brothers plc in a report on Wednesday, October 18th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 2,581 ($34.06) price objective on shares of Rathbone Brothers plc in a report on Tuesday, September 5th. Macquarie reissued a “neutral” rating and issued a GBX 2,581 ($34.06) price target on shares of Rathbone Brothers plc in a report on Tuesday, September 5th. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 2,500 ($32.99) price target on shares of Rathbone Brothers plc in a report on Monday, August 21st. One equities research analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company. Rathbone Brothers plc presently has an average rating of “Hold” and a consensus price target of GBX 2,453.30 ($32.37).

Shares of Rathbone Brothers plc (LON:RAT) traded up 0.24% during mid-day trading on Wednesday, reaching GBX 2551.00. 19,775 shares of the company were exchanged. The stock’s market capitalization is GBX 1.29 billion. The firm has a 50-day moving average price of GBX 2,580.14 and a 200 day moving average price of GBX 2,578.75. Rathbone Brothers plc has a 12 month low of GBX 1,745.00 and a 12 month high of GBX 2,842.00.

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In related news, insider Paul Stockton purchased 5,118 shares of the firm’s stock in a transaction dated Monday, September 4th. The shares were purchased at an average cost of GBX 2,773 ($36.59) per share, for a total transaction of £141,922.14 ($187,281.79).

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.

Analyst Recommendations for Rathbone Brothers plc (LON:RAT)

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