Rathbone Brothers (RAT) Rating Increased to Add at Peel Hunt

Rathbone Brothers (LON:RAT) was upgraded by investment analysts at Peel Hunt to an “add” rating in a research note issued to investors on Thursday. The brokerage currently has a GBX 2,800 ($37.97) price objective on the stock, up from their prior price objective of GBX 2,630 ($35.67). Peel Hunt’s price target would suggest a potential upside of 10.76% from the company’s current price.

RAT has been the subject of a number of other research reports. Barclays upped their price target on Rathbone Brothers from GBX 2,500 ($33.90) to GBX 2,560 ($34.72) and gave the stock an “equal weight” rating in a report on Thursday, October 19th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 2,261 ($30.66) price target on shares of Rathbone Brothers in a report on Wednesday, October 18th. Shore Capital reaffirmed a “hold” rating on shares of Rathbone Brothers in a report on Wednesday, October 18th. Finally, Numis Securities reaffirmed a “hold” rating and issued a GBX 2,500 ($33.90) price target on shares of Rathbone Brothers in a report on Wednesday, October 18th. One research analyst has rated the stock with a sell rating and nine have given a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 2,486.40 ($33.72).

Shares of Rathbone Brothers (LON:RAT) opened at GBX 2,528 ($34.28) on Thursday. Rathbone Brothers has a one year low of GBX 1,995 ($27.05) and a one year high of GBX 2,842 ($38.54). The company has a market capitalization of $1,300.00 and a PE ratio of 3,009.52.

In other Rathbone Brothers news, insider Philip Howell purchased 76 shares of Rathbone Brothers stock in a transaction that occurred on Friday, November 17th. The stock was bought at an average price of GBX 2,351 ($31.88) per share, with a total value of £1,786.76 ($2,423.05).

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Rathbone Brothers 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.

Analyst Recommendations for Rathbone Brothers (LON:RAT)

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