Rathbones Group Plc (LON:RAT) Insider Buys £153.60 in Stock

Key Points

• Iain Hooley, an insider at Rathbones Group Plc, acquired 8 shares of the company's stock at an average price of GBX 1,920 ($25.52) per share on August 4th.
• Rathbones Group's stock increased by **1.1%** to GBX 1,946 ($25.86) on a recent trading day, with a market capitalization of £2.02 billion.
• Analysts have varying opinions on Rathbones Group, with price targets ranging from GBX **2,000** to **2,200**, while Deutsche Bank has a "hold" rating and Shore Capital maintains a "buy" rating.

Rathbones Group Plc (LON:RAT - Get Free Report) insider Iain Hooley acquired 8 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The stock was bought at an average cost of GBX 1,920 ($25.65) per share, with a total value of £153.60 ($205.18).

Iain Hooley also recently made the following trade(s):

• On Friday, July 4th, Iain Hooley acquired 8 shares of Rathbones Group stock. The stock was purchased at an average cost of GBX 1,752 ($23.40) per share, for a total transaction of £140.16 ($187.23).

Rathbones Group Trading Up 0.4%

RAT stock opened at GBX 1,924 ($25.70) on Thursday. The company has a quick ratio of 0.14, a current ratio of 1.16 and a debt-to-equity ratio of 7.87. Rathbones Group Plc has a 52-week low of GBX 1,374 ($18.35) and a 52-week high of GBX 1,970 ($26.32). The company's 50-day simple moving average is GBX 1,771.90 and its 200-day simple moving average is GBX 1,672.81. The firm has a market cap of £2.00 billion, a P/E ratio of 31.31, a PEG ratio of -26.52 and a beta of 0.65.

Rathbones Group (LON:RAT - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported GBX 75.60 ($1.01) earnings per share for the quarter. Rathbones Group had a return on equity of 4.66% and a net margin of 7.25%. As a group, equities analysts forecast that Rathbones Group Plc will post 174.9287749 EPS for the current fiscal year.

Wall Street Analyst Weigh In

RAT has been the topic of a number of research reports. Canaccord Genuity Group increased their price objective on shares of Rathbones Group from GBX 2,084 ($27.84) to GBX 2,087 ($27.88) and gave the stock a "buy" rating in a research note on Thursday, May 1st. Shore Capital reaffirmed a "buy" rating and set a GBX 2,200 ($29.39) price target on shares of Rathbones Group in a research report on Wednesday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a GBX 2,000 ($26.72) target price on shares of Rathbones Group in a research note on Thursday, July 31st.

About Rathbones Group