Tatton Asset Management (LON:TAM) Research Coverage Started at Berenberg Bank

Berenberg Bank began coverage on shares of Tatton Asset Management (LON:TAM) in a report issued on Monday morning, Marketbeat reports. The firm issued a buy rating and a GBX 820 target price on the stock.

Tatton Asset Management Price Performance

Shares of TAM stock opened at GBX 670 on Monday. The stock has a 50 day moving average price of GBX 678.04 and a 200 day moving average price of GBX 657.96. 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 debt-to-equity ratio of 1.15, a quick ratio of 3.50 and a current ratio of 3.36. The firm has a market capitalization of £406.95 million, a P/E ratio of 22.17, a P/E/G ratio of 1.91 and a beta of 0.71.

Insider Buying and Selling at Tatton Asset Management

In other news, insider Lothar Mentel sold 751 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of GBX 698, for a total value of £5,241.98. Also, insider Paul Edwards sold 20,000 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of GBX 665, for a total transaction of £133,000. 18.93% of the stock is currently owned by company insiders.

About Tatton Asset Management

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.