Rathbone Brothers (RAT) Given “Hold” Rating at Shore Capital

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Shore Capital reiterated their hold rating on shares of Rathbone Brothers (LON:RAT) in a research note released on Wednesday, October 17th.

A number of other brokerages have also recently commented on RAT. Peel Hunt reiterated a buy rating on shares of Rathbone Brothers in a report on Friday, October 5th. Liberum Capital reiterated a buy rating and issued a GBX 2,997 ($39.16) target price on shares of Rathbone Brothers in a report on Monday, June 25th. Numis Securities raised Rathbone Brothers to an add rating and set a GBX 2,730 ($35.67) price target for the company in a research note on Monday, October 8th. Royal Bank of Canada reissued a sector performer rating and set a GBX 2,700 ($35.28) price target on shares of Rathbone Brothers in a research note on Tuesday, June 26th. Finally, Canaccord Genuity raised their price target on Rathbone Brothers from GBX 2,705 ($35.35) to GBX 2,830 ($36.98) and gave the stock a buy rating in a research note on Thursday, June 21st. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 2,727.29 ($35.64).

LON RAT traded up GBX 24 ($0.31) during trading on Wednesday, hitting GBX 2,340 ($30.58). 41,370 shares of the stock traded hands, compared to its average volume of 47,085. Rathbone Brothers has a 12-month low of GBX 2,275 ($29.73) and a 12-month high of GBX 2,842 ($37.14).

In other news, insider Paul Stockton bought 38 shares of the firm’s stock in a transaction on Monday, November 5th. The stock was acquired at an average cost of GBX 2,354 ($30.76) per share, with a total value of £894.52 ($1,168.85).

Rathbone Brothers Company Profile

Rathbone Brothers Plc, through its subsidiaries, provides personalized investment and wealth management services for private clients, charities, and trustees in the United Kingdom and Jersey. Its services include discretionary investment management, unit trusts, tax planning, trust and company management, pension advice, banking, loan, financial planning, unitized portfolio, and managed portfolio services, as well as trust, legal, estate, and tax advice services.

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Analyst Recommendations for Rathbone Brothers (LON:RAT)

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