Rathbones Group Plc (LON:RAT - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,643.47 ($22.07) and traded as high as GBX 1,850 ($24.84). Rathbones Group shares last traded at GBX 1,832 ($24.60), with a volume of 44,476 shares changing hands.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on RAT shares. Canaccord Genuity Group raised their price objective on Rathbones Group from GBX 2,084 ($27.98) to GBX 2,087 ($28.02) and gave the company a "buy" rating in a report on Thursday, May 1st. Shore Capital reaffirmed a "buy" rating on shares of Rathbones Group in a research report on Thursday, May 8th.
Get Our Latest Analysis on Rathbones Group
Rathbones Group Stock Performance
The firm has a market capitalization of £1.98 billion, a P/E ratio of 31.04, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65. 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 has a 50-day moving average of GBX 1,698.06 and a 200-day moving average of GBX 1,648.15.
Insider Activity
In other news, insider Dharmash Mistry bought 2,500 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The stock was acquired at an average cost of GBX 1,605 ($21.55) per share, with a total value of £40,125 ($53,880.76). Also, insider Iain Cummings bought 103 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average cost of GBX 1,620 ($21.75) per share, with a total value of £1,668.60 ($2,240.63). Over the last three months, insiders bought 2,619 shares of company stock valued at $4,207,392. Corporate insiders own 41.78% of the company's stock.
Rathbones Group Company Profile
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Further Reading
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