Rathbone Brothers (RAT) PT Raised to GBX 2,770 at Barclays
Rathbone Brothers (LON:RAT) had its target price hoisted by Barclays from GBX 2,560 ($34.72) to GBX 2,770 ($37.56) in a report published on Friday morning. The firm currently has an equal weight rating on the stock.
A number of other research analysts have also recently commented on the stock. Shore Capital restated a hold rating on shares of Rathbone Brothers in a report on Thursday. Liberum Capital restated a hold rating and issued a GBX 2,422 ($32.85) price target on shares of Rathbone Brothers in a report on Thursday. Peel Hunt upgraded shares of Rathbone Brothers to an add rating and upped their price target for the stock from GBX 2,630 ($35.67) to GBX 2,800 ($37.97) in a report on Thursday. Finally, Numis Securities restated a hold rating and issued a GBX 2,500 ($33.90) price target on shares of Rathbone Brothers in a report on Thursday. One analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company. Rathbone Brothers currently has a consensus rating of Hold and a consensus target price of GBX 2,507.40 ($34.00).
Rathbone Brothers (LON:RAT) traded up GBX 12 ($0.16) during midday trading on Friday, hitting GBX 2,558 ($34.69). 45,669 shares of the stock were exchanged, compared to its average volume of 26,781. The company has a market capitalization of $1,310.00 and a PE ratio of 3,045.24. Rathbone Brothers has a 12-month low of GBX 1,995 ($27.05) and a 12-month high of GBX 2,842 ($38.54).
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About Rathbone Brothers
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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