Rathbones Group (LON:RAT) Insider Acquires £147.04 in Stock

Key Points

• Insider Activity: Jonathan Sorrell, an insider at Rathbones Group, purchased 8 shares at GBX 1,838 each for a total of £147.04 on October 6th, following another purchase of 8 shares at GBX 1,810 on September 4th.
• Stock Performance: Rathbones Group's stock experienced a decline of 0.5%, trading at GBX 1,872, and has a market cap of £1.97 billion.
• Analyst Ratings: The consensus rating for Rathbones Group is "Moderate Buy," with price targets ranging from GBX 2,000 to GBX 2,200 set by various analysts.

Rathbones Group Plc (LON:RAT - Get Free Report) insider Jonathan Sorrell bought 8 shares of the stock in a transaction on Monday, October 6th. The stock was purchased at an average cost of GBX 1,838 per share, with a total value of £147.04.

Jonathan Sorrell also recently made the following trade(s):

• On Thursday, September 4th, Jonathan Sorrell bought 8 shares of Rathbones Group stock. The stock was purchased at an average price of GBX 1,810 per share, with a total value of £144.80.

Rathbones Group Stock Down 0.5%

RAT traded down GBX 10 during trading on Tuesday, hitting GBX 1,872. 56,153 shares of the company's stock were exchanged, compared to its average volume of 126,450. The stock has a market cap of £1.97 billion, a P/E ratio of 3,167.51, a PEG ratio of -26.52 and a beta of 0.65. The business's 50 day moving average is GBX 1,850.18 and its two-hundred day moving average is GBX 1,721.34. 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 fifty-two week low of GBX 1,374 and a fifty-two week high of GBX 1,970.

Rathbones Group (LON:RAT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported GBX 75.60 earnings per share (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 expect that Rathbones Group Plc will post 174.9287749 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a GBX 2,000 price target on shares of Rathbones Group in a research note on Thursday, July 31st. Shore Capital reissued a "buy" rating and set a GBX 2,200 price objective on shares of Rathbones Group in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 2,095.67.

Rathbones Group Company Profile

With roots dating back to 1742, Rathbones is one of the UK's leading providers of investment and wealth management services for private clients (individuals and families), charities, trustees and professional partners. Rathbones' purpose is to help more people invest their money well, so they can live well. Rathbones has been trusted for generations to manage, preserve and grow clients' wealth and services include discretionary investment management, fund management, tax planning, trust and company management, financial advice and banking services.

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