Shore Capital Reiterates Buy Rating for Rathbones Group (LON:RAT)

Rathbones Group (LON:RAT)‘s stock had its “buy” rating reaffirmed by stock analysts at Shore Capital in a report released on Thursday,London Stock Exchange reports.

Rathbones Group Stock Performance

LON:RAT traded down GBX 6 ($0.07) on Thursday, hitting GBX 1,672 ($20.47). The company’s stock had a trading volume of 64,607 shares, compared to its average volume of 251,289. The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. Rathbones Group has a one year low of GBX 1,462 ($17.89) and a one year high of GBX 2,005 ($24.54). The stock has a fifty day moving average of GBX 1,660.20 and a two-hundred day moving average of GBX 1,743.90. The firm has a market capitalization of £1.44 billion, a P/E ratio of 2,740.98, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65.

Insiders Place Their Bets

In related news, insider Dharmash Mistry sold 2,500 shares of Rathbones Group stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of GBX 1,742 ($21.32), for a total transaction of £43,550 ($53,304.77). Company insiders own 41.78% of the company’s stock.

Rathbones Group Company Profile

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients’ wealth. Our tradition of investing and acting for everyone’s tomorrow has been with us from the beginning and continues to lead us forward.

Rathbones has over 3,500 employees in 23 UK locations and Jersey; its headquarters is 8 Finsbury Circus, London, EC2M 7AZ.