Rathbones Group (LON:RAT) Earns "Hold" Rating from Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft has reaffirmed a "hold" rating on Rathbones Group (LON:RAT) with a price target of GBX 2,000, indicating a potential upside of 4.15% from the current stock price.
• Shore Capital has issued a "buy" rating with a higher price target of GBX 2,200, reflecting positive analyst sentiment towards Rathbones Group.
• Insiders have actively purchased shares recently, with a total of 2,619 shares acquired over the past three months, suggesting confidence in the company's future performance.

Rathbones Group (LON:RAT - Get Free Report)'s stock had its "hold" rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday, MarketBeat Ratings reports. They presently have a GBX 2,000 ($26.58) target price on the stock. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 3.95% from the company's previous close.

Several other equities analysts have also weighed in on RAT. Canaccord Genuity Group increased their price objective on shares of Rathbones Group from GBX 2,084 ($27.70) to GBX 2,087 ($27.74) and gave the company a "buy" rating in a research report on Thursday, May 1st. Shore Capital reiterated a "buy" rating and issued a GBX 2,200 ($29.24) price target on shares of Rathbones Group in a research report on Wednesday, July 23rd.

Rathbones Group Stock Up 0.2%

LON:RAT traded up GBX 4 ($0.05) during trading hours on Thursday, reaching GBX 1,924 ($25.57). 45,942 shares of the stock were exchanged, compared to its average volume of 109,978. Rathbones Group has a twelve month low of GBX 1,374 ($18.26) and a twelve month high of GBX 1,962 ($26.08). The company has a debt-to-equity ratio of 7.87, a current ratio of 1.16 and a quick ratio of 0.14. The firm has a 50 day moving average of GBX 1,760.38 and a 200 day moving average of GBX 1,669.33. The stock has a market cap of £2.00 billion, a PE ratio of 31.31, a PEG ratio of -26.52 and a beta of 0.65.

Rathbones Group (LON:RAT - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported GBX 75.60 ($1.00) earnings per share for the quarter. Rathbones Group had a return on equity of 4.66% and a net margin of 7.25%. On average, equities analysts expect that Rathbones Group will post 174.9287749 earnings per share for the current year.

Insider Activity at Rathbones Group

In other news, insider Iain Cummings acquired 103 shares of Rathbones Group stock in a transaction that occurred on Tuesday, May 13th. The shares were acquired at an average price of GBX 1,620 ($21.53) per share, for a total transaction of £1,668.60 ($2,217.70). Also, insider Dharmash Mistry bought 2,500 shares of the stock in a transaction on Thursday, May 8th. The stock was purchased at an average cost of GBX 1,605 ($21.33) per share, with a total value of £40,125 ($53,329.35). Insiders purchased a total of 15,119 shares of company stock valued at $28,319,892 in the last quarter. Insiders own 41.78% of the company's stock.

Rathbones Group Company Profile