Peel Hunt Reaffirms “Hold” Rating for Rathbone Brothers plc (LON:RAT)

Rathbone Brothers plc (LON:RAT)‘s stock had its “hold” rating restated by investment analysts at Peel Hunt in a note issued to investors on Friday, September 1st. They currently have a GBX 2,630 ($33.97) price target on the stock. Peel Hunt’s price objective points to a potential upside of 3.42% from the stock’s current price.

A number of other brokerages have also commented on RAT. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 2,500 ($32.29) price objective on shares of Rathbone Brothers plc in a research report on Monday, August 21st. Liberum Capital reissued a “hold” rating and issued a GBX 2,261 ($29.20) target price on shares of Rathbone Brothers plc in a research note on Monday, August 21st. N+1 Singer reissued a “sell” rating on shares of Rathbone Brothers plc in a research note on Monday, August 21st. Shore Capital reissued a “hold” rating on shares of Rathbone Brothers plc in a research note on Tuesday, August 1st. Finally, Canaccord Genuity reissued a “hold” rating and issued a GBX 2,470 ($31.90) target price on shares of Rathbone Brothers plc in a research note on Friday, July 21st. One research analyst has rated the stock with a sell rating and nine have given a hold rating to the company. Rathbone Brothers plc presently has an average rating of “Hold” and a consensus price target of GBX 2,447.30 ($31.61).

Shares of Rathbone Brothers plc (RAT) opened at 2543.00 on Friday. Rathbone Brothers plc has a 52 week low of GBX 1,724.46 and a 52 week high of GBX 2,842.00. The firm’s market capitalization is GBX 1.28 billion. The stock has a 50 day moving average price of GBX 2,710.76 and a 200-day moving average price of GBX 2,526.04.

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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 acquired at an average cost of GBX 2,773 ($35.81) per share, with a total value of £141,922.14 ($183,290.90).

About Rathbone Brothers plc

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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