Shore Capital Reiterates “Hold” Rating for Rathbone Brothers (RAT)

Rathbone Brothers (LON:RAT)‘s stock had its “hold” rating reaffirmed by Shore Capital in a research report issued to clients and investors on Thursday.

A number of other equities analysts have also recently commented on RAT. Numis Securities reaffirmed a “hold” rating and set a GBX 2,500 ($33.90) price target on shares of Rathbone Brothers in a research note on Thursday. Liberum Capital reaffirmed a “hold” rating and set a GBX 2,422 ($32.85) price target on shares of Rathbone Brothers in a research note on Thursday. Peel Hunt raised shares of Rathbone Brothers to an “add” rating and lifted their price target for the stock from GBX 2,630 ($35.67) to GBX 2,800 ($37.97) in a research note on Thursday. Finally, Barclays lifted their price target on shares of Rathbone Brothers from GBX 2,500 ($33.90) to GBX 2,560 ($34.72) and gave the stock an “equal weight” rating in a research note on Thursday, October 19th. One analyst has rated the stock with a sell rating and nine have issued a hold rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 2,507.40 ($34.00).

Rathbone Brothers (LON:RAT) traded up GBX 12 ($0.16) during mid-day trading on Thursday, hitting GBX 2,558 ($34.69). 45,669 shares of the company were exchanged, compared to its average volume of 26,781. 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 stock has a market cap of $1,310.00 and a PE ratio of 3,045.24.

In related news, insider Philip Howell acquired 76 shares of the stock in a transaction on Friday, November 17th. The stock was bought at an average cost 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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