Insider Buying: Rathbones Group Plc (LON:RAT) Insider Acquires 8 Shares of Stock

Key Points

• Insider Paul Stockton acquired 8 shares of Rathbones Group Plc on August 4th at an average price of £1,920 per share.
• The stock price of Rathbones Group increased to GBX 1,946 during midday trading on August 5th, with a recent earnings per share report of GBX 75.60.
• Brokerage Canaccord Genuity raised its target price for Rathbones Group from GBX 2,084 to GBX 2,087, maintaining a "buy" rating.

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

Paul Stockton also recently made the following trade(s):

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

Rathbones Group Stock Up 0.4%

RAT stock opened at GBX 1,924 ($25.70) on Thursday. The company has a debt-to-equity ratio of 7.87, a quick ratio of 0.14 and a current ratio of 1.16. The stock has a market capitalization of £2.00 billion, a PE ratio of 31.31, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65. Rathbones Group Plc has a one year low of GBX 1,374 ($18.35) and a one year high of GBX 1,970 ($26.32). The company has a fifty day moving average of GBX 1,771.90 and a 200-day moving average of GBX 1,672.81.

Rathbones Group (LON:RAT - Get Free Report) last posted 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, analysts expect that Rathbones Group Plc will post 174.9287749 EPS for the current year.

Analyst Ratings Changes

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

About Rathbones Group