Rathbones Group (LON:RAT) Insider Jonathan Sorrell Acquires 8 Shares

Rathbones Group Plc (LON:RAT) insider Jonathan Sorrell  purchased 8 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were acquired at an average price of GBX 1,910 per share, for a total transaction of £152.80.

Rathbones Group Price Performance

LON RAT opened at GBX 1,950 on Friday. The company has a current ratio of 190.82, a quick ratio of 0.14 and a debt-to-equity ratio of 14.65. The company has a fifty day simple moving average of GBX 2,004.58 and a 200 day simple moving average of GBX 2,016.12. The company has a market cap of £2.01 billion, a P/E ratio of 18.62, a P/E/G ratio of -26.52 and a beta of 0.72. Rathbones Group Plc has a 1 year low of GBX 1,600 and a 1 year high of GBX 2,500.

Rathbones Group (LON:RAT) last posted its quarterly earnings data on Monday, March 2nd. The company reported GBX 170.50 earnings per share (EPS) for the quarter. Rathbones Group had a net margin of 10.85% and a return on equity of 8.33%. On average, sell-side analysts predict that Rathbones Group Plc will post 174.9287749 EPS for the current year.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 1,850 price objective on shares of Rathbones Group in a report on Thursday, May 7th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Rathbones Group currently has a consensus rating of “Hold” and an average price target of GBX 2,025.

About Rathbones Group

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.