Rathbones Group (LON:RAT) Reaches New 12-Month Low – What’s Next?

Rathbones Group Plc (LON:RAT)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 1,594 and last traded at GBX 1,616.99, with a volume of 1594016 shares. The stock had previously closed at GBX 1,952.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued an “underperform” rating and issued a GBX 1,850 price target on shares of Rathbones Group in a research report on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 2,025.

Rathbones Group Price Performance

The company has a debt-to-equity ratio of 14.65, a current ratio of 190.82 and a quick ratio of 0.14. The stock has a market capitalization of £1.68 billion, a P/E ratio of 15.49, a PEG ratio of -26.52 and a beta of 0.71. The company’s 50 day simple moving average is GBX 1,992.31 and its two-hundred day simple moving average is GBX 2,024.68.

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.