Rathbones Group (LON:RAT) Insider Jonathan Sorrell Buys 15,320 Shares

Rathbones Group Plc (LON:RAT) insider Jonathan Sorrell  purchased 15,320 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were bought at an average price of GBX 1,630 per share, with a total value of £249,716.

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

• On Thursday, June 4th, Jonathan Sorrell  purchased 8 shares of Rathbones Group stock. The shares were bought at an average price of GBX 1,910 per share, with a total value of £152.80.

Rathbones Group Trading Down 16.8%

Shares of RAT traded down GBX 328 during trading on Tuesday, reaching GBX 1,624. 7,286,552 shares of the company traded hands, compared to its average volume of 544,687. Rathbones Group Plc has a twelve month low of GBX 1,582 and a twelve month high of GBX 2,500. The stock has a market cap of £1.68 billion, a PE ratio of 15.51, a price-to-earnings-growth ratio of -26.52 and a beta of 0.71. The stock has a 50-day simple moving average of GBX 1,992.31 and a 200-day simple moving average of GBX 2,024.68. The company has a quick ratio of 0.14, a current ratio of 190.82 and a debt-to-equity ratio of 14.65.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated an “underperform” rating and issued a GBX 1,850 price objective on shares of Rathbones Group in a report on Thursday, May 7th. Two investment 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.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 2,025.

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.