Rathbone Brothers (RAT) Price Target Raised to GBX 2,770

Rathbone Brothers (LON:RAT) had its target price upped by Barclays from GBX 2,560 ($34.72) to GBX 2,770 ($37.56) in a research report sent to investors on Friday morning. The firm currently has an equal weight rating on the stock.

Several other research firms have also recently commented on RAT. Numis Securities reiterated a hold rating and set a GBX 2,500 ($33.90) target price on shares of Rathbone Brothers in a research note on Wednesday, October 18th. Liberum Capital reiterated a hold rating and set a GBX 2,261 ($30.66) target price on shares of Rathbone Brothers in a research note on Wednesday, October 18th. Shore Capital reiterated a hold rating on shares of Rathbone Brothers in a research note on Wednesday, October 18th. Finally, Peel Hunt reiterated a hold rating and set a GBX 2,630 ($35.67) target price on shares of Rathbone Brothers in a research note on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating and nine have assigned a hold rating to the stock. The company has a consensus rating of Hold and a consensus price target of GBX 2,507.40 ($34.00).

Rathbone Brothers (RAT) opened at GBX 2,612 ($35.42) on Friday. The company has a market cap of $1,340.00 and a price-to-earnings ratio of 3,109.52. Rathbone Brothers has a one year low of GBX 1,998.80 ($27.11) and a one year high of GBX 2,842 ($38.54).

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

WARNING: This piece was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international trademark and copyright law. The legal version of this piece can be read at https://www.dispatchtribunal.com/2018/01/15/rathbone-brothers-rat-price-target-raised-to-gbx-2770.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.

Analyst Recommendations for Rathbone Brothers (LON:RAT)

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.

Leave a Reply