Insider Buying: Rathbones Group (LON:RAT) Insider Buys £141.44 in Stock

Rathbones Group Plc (LON:RAT) insider Jonathan Sorrell  purchased 8 shares of the company’s stock in a transaction that occurred on Wednesday, November 4th. The stock was purchased at an average price of GBX 1,768 per share, for a total transaction of £141.44.

Jonathan Sorrell  also recently made the following trade(s):

• On Monday, October 5th, Jonathan Sorrell  bought 10 shares of Rathbones Group stock. The stock was purchased at an average cost of GBX 1,536 per share, with a total value of £153.60.
• On Friday, September 4th, Jonathan Sorrell  bought 9 shares of Rathbones Group stock. The stock was purchased at an average price of GBX 1,662 per share, for a total transaction of £149.58.

Rathbones Group Trading Down 0.8%

Shares of LON RAT opened at GBX 1,762 on Friday. The company has a market cap of £1.80 billion, a PE ratio of 15.69, a P/E/G ratio of -26.52 and a beta of 0.74. The company has a debt-to-equity ratio of 10.07, a quick ratio of 0.14 and a current ratio of 111.06. Rathbones Group Plc has a 52-week low of GBX 1,490 and a 52-week high of GBX 2,500. The firm’s 50 day moving average price is GBX 1,632.20 and its 200-day moving average price is GBX 1,855.31.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Jefferies Financial Group reissued an “underperform” rating and set a GBX 1,360 target price on shares of Rathbones Group in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Rathbones Group from GBX 1,700 to GBX 1,800 and gave the company a “hold” rating in a report on Friday, October 23rd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,703.33.

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.