Brokerages Set Rathbone Brothers plc (RAT) PT at $2,522.88

Shares of Rathbone Brothers plc (LON:RAT) have been given a consensus rating of “Hold” by the ten brokerages that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 2,522.88 ($33.18).

Several research analysts recently weighed in on RAT shares. Barclays PLC boosted their price objective on shares of Rathbone Brothers plc from GBX 2,300 ($30.25) to GBX 2,500 ($32.88) and gave the stock an “equal weight” rating in a research report on Thursday, July 20th. Numis Securities Ltd restated a “hold” rating and issued a GBX 2,500 ($32.88) price objective on shares of Rathbone Brothers plc in a research report on Monday, August 21st. Liberum Capital restated a “hold” rating and issued a GBX 2,261 ($29.74) price objective on shares of Rathbone Brothers plc in a research report on Monday, August 21st. Shore Capital restated a “hold” rating on shares of Rathbone Brothers plc in a research report on Tuesday, August 1st. Finally, Peel Hunt cut shares of Rathbone Brothers plc to a “hold” rating and upped their target price for the company from GBX 2,450 ($32.22) to GBX 2,630 ($34.59) in a research report on Tuesday, July 25th.

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In other news, insider Paul Stockton purchased 5,118 shares of the firm’s stock in a transaction dated Monday, September 4th. The stock was bought at an average price of GBX 2,773 ($36.47) per share, with a total value of £141,922.14 ($186,665.97).

Rathbone Brothers plc (RAT) traded down GBX 27 ($0.36) during midday trading on Wednesday, reaching GBX 2,561 ($33.68). 13,741 shares of the company’s stock traded hands. Rathbone Brothers plc has a 52 week low of GBX 1,745 ($22.95) and a 52 week high of GBX 2,842 ($37.38).

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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