Rathbone Brothers plc (RAT) Given “Neutral” Rating at J P Morgan Chase & Co
J P Morgan Chase & Co reiterated their neutral rating on shares of Rathbone Brothers plc (LON:RAT) in a research report released on Tuesday morning. J P Morgan Chase & Co currently has a GBX 2,581 ($33.33) price objective on the stock.
Several other equities research analysts also recently weighed in on RAT. Peel Hunt reiterated an add rating and set a GBX 2,450 ($31.64) target price on shares of Rathbone Brothers plc in a research note on Thursday, May 11th. Shore Capital reiterated a hold rating on shares of Rathbone Brothers plc in a research note on Thursday, May 11th. Liberum Capital reiterated a hold rating on shares of Rathbone Brothers plc in a research note on Thursday, May 11th. Numis Securities Ltd reiterated a hold rating and set a GBX 2,500 ($32.29) target price on shares of Rathbone Brothers plc in a research note on Thursday, May 11th. Finally, Canaccord Genuity downgraded shares of Rathbone Brothers plc to a hold rating and set a GBX 2,470 ($31.90) target price for the company. in a research note on Tuesday, May 16th. One analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company. The stock has an average rating of Hold and an average price target of GBX 2,447.30 ($31.61).
Rathbone Brothers plc (RAT) opened at 2508.00 on Tuesday. The stock’s market cap is GBX 1.26 billion. Rathbone Brothers plc has a 1-year low of GBX 1,724.46 and a 1-year high of GBX 2,842.00. The firm’s 50 day moving average price is GBX 2,720.14 and its 200-day moving average price is GBX 2,514.80.
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The company also recently declared a dividend, which will be paid on Tuesday, October 3rd. Investors of record on Thursday, September 7th will be issued a dividend of GBX 22 ($0.28) per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 0.83%.
In other news, insider Paul Stockton purchased 5,118 shares of the business’s stock in a transaction that occurred on Monday, September 4th. The stock was purchased at an average cost of GBX 2,773 ($35.81) per share, with a total value of £141,922.14 ($183,290.90).
Rathbone Brothers plc Company Profile
Rathbone Brothers Plc (Rathbone) is a United Kingdom-based provider of investment and wealth management services for private clients, charities, professional intermediaries and trustees. The Company’s services include discretionary investment management, unit trusts, tax planning, trust and company management, pension advice and banking services.
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