Rathbone Brothers (LON:RAT)‘s stock had its “hold” rating reaffirmed by stock analysts at Liberum Capital in a note issued to investors on Thursday. They presently have a GBX 2,422 ($33.46) price objective on the stock. Liberum Capital’s price objective would suggest a potential downside of 11.73% from the company’s current price.
Several other research firms have also recently issued reports on RAT. Shore Capital reiterated a “hold” rating on shares of Rathbone Brothers in a report on Thursday. Peel Hunt reiterated an “add” rating and issued a GBX 2,800 ($38.68) price target on shares of Rathbone Brothers in a report on Thursday. Barclays raised their price target on Rathbone Brothers from GBX 2,560 ($35.37) to GBX 2,770 ($38.27) and gave the company an “equal weight” rating in a report on Friday, January 12th. Finally, Numis Securities reiterated a “hold” rating and issued a GBX 2,500 ($34.54) price target on shares of Rathbone Brothers in a report on Thursday, January 11th. One investment analyst has rated the stock with a sell rating and nine have given a hold rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 2,507.40 ($34.64).
Shares of Rathbone Brothers (LON:RAT) opened at GBX 2,744 ($37.91) on Thursday. The company has a market capitalization of $1,410.00 and a price-to-earnings ratio of 3,266.67. Rathbone Brothers has a 1-year low of GBX 2,197 ($30.35) and a 1-year high of GBX 2,842 ($39.26).
WARNING: This report was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international copyright and trademark law. The original version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/22/rathbone-brothers-rat-hold-rating-reaffirmed-at-liberum-capital.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.
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.