Key Points
- Insider purchase: Rathbones Group insider Iain Hooley bought 9 shares at GBX 1,662 each, for a total investment of £149.58.
- Stock performance: Shares opened at GBX 1,650, near the lower end of their 52-week range of GBX 1,580 to GBX 2,500. The company has a £1.68 billion market capitalization and a trailing P/E ratio of 14.69.
- Analyst outlook: Analysts have a consensus “Hold” rating and an average price target of GBX 1,836.67, with ratings ranging from “Outperform” to “Underperform.”
Rathbones Group Plc (LON:RAT - Get Free Report) insider Iain Hooley bought 9 shares of the business's stock in a transaction that occurred on Friday, September 4th. The shares were bought at an average price of GBX 1,662 per share, with a total value of £149.58.
Rathbones Group Price Performance
Shares of Rathbones Group stock opened at GBX 1,650 on Tuesday. The company has a debt-to-equity ratio of 10.07, a current ratio of 111.06 and a quick ratio of 0.14. The company has a market cap of £1.68 billion, a PE ratio of 14.69, a price-to-earnings-growth ratio of -26.52 and a beta of 0.72. The firm has a fifty day moving average price of GBX 1,677.14 and a two-hundred day moving average price of GBX 1,876.78. Rathbones Group Plc has a fifty-two week low of GBX 1,580 and a fifty-two week high of GBX 2,500.
Rathbones Group (LON:RAT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported GBX 88.50 EPS for the quarter. Rathbones Group had a net margin of 11.20% and a return on equity of 8.95%. Analysts expect that Rathbones Group Plc will post 174.9287749 EPS for the current year.
Rathbones Group declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, June 17th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its stock is undervalued.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the company. Royal Bank Of Canada decreased their price objective on Rathbones Group from GBX 2,400 to GBX 1,950 and set an "outperform" rating on the stock in a report on Thursday, June 18th. Jefferies Financial Group reaffirmed an "underperform" rating and issued a GBX 1,360 target price on shares of Rathbones Group in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat, Rathbones Group has an average rating of "Hold" and a consensus target price of GBX 1,836.67.
View Our Latest Stock Report on Rathbones Group
About Rathbones Group
(
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.
Further Reading
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