Rathbones Group (LON:RAT) Insider Purchases £133.98 in Stock

Rathbones Group Plc (LON:RAT) insider Jonathan Sorrell purchased 7 shares of Rathbones Group stock in a transaction dated Monday, January 5th. The shares were acquired at an average cost of GBX 1,914 per share, for a total transaction of £133.98.

Jonathan Sorrell also recently made the following trade(s):

• On Tuesday, November 4th, Jonathan Sorrell bought 8 shares of Rathbones Group stock. The shares were acquired at an average price of GBX 1,804 per share, for a total transaction of £144.32.

Rathbones Group Trading Up 2.5%

Shares of LON:RAT opened at GBX 2,025 on Friday. The business’s 50-day moving average is GBX 1,847.59 and its 200 day moving average is GBX 1,844.78. The company has a debt-to-equity ratio of 7.87, a current ratio of 1.16 and a quick ratio of 0.14. Rathbones Group Plc has a 1 year low of GBX 1,374 and a 1 year high of GBX 2,045. The firm has a market capitalization of £2.09 billion, a P/E ratio of 34.26, a P/E/G ratio of -26.52 and a beta of 0.65.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Shore Capital reiterated a “buy” rating and issued a GBX 2,200 target price on shares of Rathbones Group in a research note on Wednesday, October 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 2,050 price target on shares of Rathbones Group in a report on Thursday, October 16th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 2,084.25.

Rathbones Group Company Profile

With roots dating back to 1742, Rathbones is one of the UK’s leading providers of investment and wealth management services for private clients (individuals and families), charities, trustees and professional partners. Rathbones’ purpose is to help more people invest their money well, so they can live well.

Rathbones has been trusted for generations to manage, preserve and grow clients’ wealth and services include discretionary investment management, fund management, tax planning, trust and company management, financial advice and banking services.