Free Trial

Rathbones Group (LON:RAT) Insider Purchases £850.70 in Stock

Rathbones Group logo with Financial Services background

Key Points

  • Insider Iain Cummings purchased 47 shares of Rathbones Group Plc at an average price of GBX 1,810, totaling £850.70.
  • Rathbones Group's stock saw a 1.7% increase, rising to GBX 1,838 during midday trading, while trading volume was below average.
  • Brokerages have mixed ratings, with Deutsche Bank maintaining a "hold" rating and a price target of GBX 2,000, while Shore Capital issued a "buy" rating with a target of GBX 2,200.
  • MarketBeat previews top five stocks to own in November.

Rathbones Group Plc (LON:RAT - Get Free Report) insider Iain Cummings bought 47 shares of the firm's stock in a transaction dated Thursday, October 2nd. The shares were acquired at an average cost of GBX 1,810 per share, with a total value of £850.70.

Rathbones Group Stock Up 1.7%

Shares of LON:RAT traded up GBX 30 during midday trading on Friday, hitting GBX 1,838. 52,616 shares of the company's stock were exchanged, compared to its average volume of 126,638. 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 stock has a 50 day moving average price of GBX 1,851.22 and a 200-day moving average price of GBX 1,716.97. The company has a market cap of £1.94 billion, a PE ratio of 3,109.98, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65. Rathbones Group Plc has a 12 month low of GBX 1,374 and a 12 month high of GBX 1,970.

Rathbones Group (LON:RAT - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported GBX 75.60 EPS for the quarter. Rathbones Group had a net margin of 7.25% and a return on equity of 4.66%. On average, sell-side analysts anticipate that Rathbones Group Plc will post 174.9287749 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on RAT. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 2,000 price objective on shares of Rathbones Group in a research report on Thursday, July 31st. Shore Capital reaffirmed a "buy" rating and issued a GBX 2,200 price objective on shares of Rathbones Group in a research report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, Rathbones Group currently has a consensus rating of "Moderate Buy" and an average target price of GBX 2,095.67.

Read Our Latest Stock Report on RAT

Rathbones Group Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Rathbones Group (LON:RAT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Rathbones Group Right Now?

Before you consider Rathbones Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rathbones Group wasn't on the list.

While Rathbones Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.