Tatton Asset Management (LON:TAM – Free Report) had its target price lifted by Berenberg Bank from GBX 820 to GBX 840 in a report issued on Wednesday morning,Digital Look reports. The brokerage currently has a buy rating on the stock.
Tatton Asset Management Price Performance
LON TAM opened at GBX 670 on Wednesday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 3.50 and a current ratio of 3.84. The firm’s 50 day moving average price is GBX 663.22 and its 200-day moving average price is GBX 656. Tatton Asset Management has a 52-week low of GBX 524.40 and a 52-week high of GBX 817.83. The company has a market cap of £406.95 million, a PE ratio of 22.17, a P/E/G ratio of 1.91 and a beta of 0.78.
Tatton Asset Management (LON:TAM – Get Free Report) last issued its quarterly earnings data on Tuesday, November 10th. The company reported GBX 22.25 earnings per share (EPS) for the quarter. The company had revenue of GBX 3,207 million for the quarter. Tatton Asset Management had a net margin of 36.48% and a return on equity of 38.67%. Sell-side analysts forecast that Tatton Asset Management will post 26.09 EPS for the current fiscal year.
Insider Transactions at Tatton Asset Management
In other news, insider Paul Edwards sold 20,000 shares of Tatton Asset Management stock in a transaction on Thursday, September 10th. The stock was sold at an average price of GBX 665, for a total value of £133,000. Company insiders own 18.93% of the company’s stock.
Tatton Asset Management Company Profile
Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients. Tatton Asset Management offers on-platform only discretionary fund management, regulatory, compliance and business consulting services, as well as a whole of market mortgage provision, to Directly Authorised financial advisers across the UK.
Further Reading
- Five stocks we like better than Tatton Asset Management
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Receive News & Ratings for Tatton Asset Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tatton Asset Management and related companies with MarketBeat.com's FREE daily email newsletter.
