Deutsche Bank Aktiengesellschaft Reaffirms Hold Rating for Rathbones Group (LON:RAT)

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 reiterated by research analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Thursday, MarketBeat.com reports. They currently have a GBX 2,000 ($26.55) price objective on the stock. Deutsche Bank Aktiengesellschaft's price objective suggests a potential upside of 4.17% from the stock's current price.

RAT has been the subject of several other reports. Canaccord Genuity Group boosted their price objective on shares of Rathbones Group from GBX 2,084 ($27.66) to GBX 2,087 ($27.70) and gave the company a "buy" rating in a research report on Thursday, May 1st. Shore Capital reissued a "buy" rating and issued a GBX 2,200 ($29.20) price objective on shares of Rathbones Group in a research report on Wednesday, July 23rd.

Rathbones Group Trading Up 0.2%

Shares of RAT stock traded up GBX 4 ($0.05) during trading hours on Thursday, reaching GBX 1,920 ($25.48). 125,831 shares of the stock were exchanged, compared to its average volume of 110,411. Rathbones Group has a 12-month low of GBX 1,374 ($18.24) and a 12-month high of GBX 2,000 ($26.55). The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. The company's 50-day moving average price is GBX 1,760.38 and its 200-day moving average price is GBX 1,669.41. The firm has a market capitalization of £2.00 billion, a price-to-earnings ratio of 31.25, a price-to-earnings-growth 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) EPS for the quarter. Rathbones Group had a net margin of 7.25% and a return on equity of 4.66%. As a group, equities analysts anticipate that Rathbones Group will post 174.9287749 earnings per share for the current year.

Insider Buying and Selling at Rathbones Group

In related news, insider Iain Cummings acquired 103 shares of the stock in a transaction on Tuesday, May 13th. The stock was bought at an average cost of GBX 1,620 ($21.50) per share, with a total value of £1,668.60 ($2,214.76). Also, insider Clive Bannister acquired 12,500 shares of the stock in a transaction on Friday, August 1st. The stock was bought at an average cost of GBX 1,929 ($25.60) per share, with a total value of £241,125 ($320,049.11). Insiders purchased a total of 15,119 shares of company stock valued at $28,319,892 in the last three months. Company insiders own 41.78% of the company's stock.

About Rathbones Group