Rathbone Brothers (LON:RAT)‘s stock had its “buy” rating reaffirmed by analysts at Liberum Capital in a research report issued to clients and investors on Monday. They currently have a GBX 2,997 ($39.90) price objective on the stock. Liberum Capital’s price target indicates a potential upside of 14.56% from the company’s previous close.
RAT has been the topic of a number of other reports. Shore Capital reiterated a “hold” rating on shares of Rathbone Brothers in a report on Thursday, May 10th. Canaccord Genuity boosted their target price on shares of Rathbone Brothers from GBX 2,705 ($36.01) to GBX 2,830 ($37.68) and gave the stock a “buy” rating in a report on Thursday, June 21st. Peel Hunt restated an “add” rating on shares of Rathbone Brothers in a report on Monday, April 9th. Finally, Numis Securities boosted their target price on shares of Rathbone Brothers from GBX 2,500 ($33.28) to GBX 2,600 ($34.62) and gave the stock a “hold” rating in a report on Friday, June 15th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 2,680.33 ($35.69).
Rathbone Brothers opened at GBX 2,616 ($34.83) on Monday, according to Marketbeat. Rathbone Brothers has a 12-month low of GBX 2,275 ($30.29) and a 12-month high of GBX 2,842 ($37.84).
In other news, insider Andrew Morris bought 36 shares of the stock in a transaction that occurred on Wednesday, May 23rd. The shares were acquired at an average cost of GBX 2,484 ($33.07) per share, for a total transaction of £894.24 ($1,190.57).
About Rathbone Brothers
Rathbone Brothers Plc, through its subsidiaries, provides personalized investment and wealth management services for private clients, charities, and trustees in the United Kingdom and Jersey. Its services include discretionary investment management, unit trusts, tax planning, trust and company management, pension advice, banking, loan, financial planning, unitized portfolio, and managed portfolio services, as well as trust, legal, estate, and tax advice services.
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