Clive Bannister Purchases 12,500 Shares of Rathbones Group Plc (LON:RAT) Stock

Key Points

• Clive Bannister, an insider at Rathbones Group Plc, purchased 12,500 shares at an average price of GBX 1,929 ($25.48), totaling approximately £241,125 ($318,527.08).
• The stock is currently trading at GBX 1,920 ($25.36) with a market capitalization of £2.00 billion, and analysts have set a target price ranging from GBX 2,000 to GBX 2,200 for its shares.
• Rathbones Group reported an EPS of GBX 75.60 ($1.00) for the last quarter, and analysts anticipate its earnings per share for the year to be around 175.

Rathbones Group Plc (LON:RAT - Get Free Report) insider Clive Bannister purchased 12,500 shares of the firm's stock in a transaction on Friday, August 1st. The stock was acquired at an average cost of GBX 1,929 ($25.64) per share, with a total value of £241,125 ($320,474.48).

Rathbones Group Stock Performance

LON:RAT traded down GBX 8 ($0.11) during mid-day trading on Tuesday, hitting GBX 1,916 ($25.47). The stock had a trading volume of 47,326 shares, compared to its average volume of 109,560. The stock has a market capitalization of £1.99 billion, a price-to-earnings ratio of 31.18, a P/E/G ratio of -26.52 and a beta of 0.65. The company has a 50 day simple moving average of GBX 1,766.38 and a 200-day simple moving average of GBX 1,671.11. Rathbones Group Plc has a 52 week low of GBX 1,374 ($18.26) and a 52 week high of GBX 1,962 ($26.08). The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87.

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

Analyst Upgrades and Downgrades

A number of analysts recently commented on RAT shares. Shore Capital reissued a "buy" rating and set a GBX 2,200 ($29.24) price objective on shares of Rathbones Group in a report on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a GBX 2,000 ($26.58) price objective on shares of Rathbones Group in a report on Thursday, July 31st. Finally, Canaccord Genuity Group upped their price target 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 report on Thursday, May 1st.

Rathbones Group Company Profile