Insider Buying: Rathbones Group (LON:RAT) Insider Acquires £850.70 in Stock

Rathbones Group Plc (LON:RAT) insider Iain Cummings acquired 47 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were purchased at an average price of GBX 1,810 per share, with a total value of £850.70.

Rathbones Group Trading Up 1.7%

RAT stock opened at GBX 1,838 on Monday. The company has a quick ratio of 0.14, a current ratio of 1.16 and a debt-to-equity ratio of 7.87. The business has a fifty day simple moving average of GBX 1,850.18 and a 200-day simple moving average of GBX 1,719.52. Rathbones Group Plc has a 52 week low of GBX 1,374 and a 52 week high of GBX 1,970. The company has a market cap of £1.93 billion, a price-to-earnings ratio of 3,109.98, a PEG ratio of -26.52 and a beta of 0.65.

Rathbones Group (LON:RAT) last issued its earnings results on Wednesday, July 30th. The company reported GBX 75.60 earnings per share (EPS) for the quarter. Rathbones Group had a net margin of 7.25% and a return on equity of 4.66%. On average, equities research analysts expect that Rathbones Group Plc will post 174.9287749 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 2,000 price target on shares of Rathbones Group in a research note on Thursday, July 31st. Shore Capital restated a “buy” rating and issued a GBX 2,200 price target on shares of Rathbones Group in a research note on Wednesday, July 23rd. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 2,095.67.

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.