Barclays PLC Raises Rathbone Brothers plc (LON:RAT) Price Target to GBX 2,500

Rathbone Brothers plc (LON:RAT) had its price objective boosted by stock analysts at Barclays PLC from GBX 2,300 ($29.86) to GBX 2,500 ($32.45) in a report issued on Thursday, July 20th. The brokerage currently has an “equal weight” rating on the stock. Barclays PLC’s price objective would suggest a potential downside of 8.59% from the stock’s current price.

RAT has been the topic of a number of other reports. Canaccord Genuity cut Rathbone Brothers plc to a “hold” rating and set a GBX 2,470 ($32.07) target price on the stock. in a research note on Tuesday, May 16th. Royal Bank Of Canada lifted their target price on Rathbone Brothers plc from GBX 2,400 ($31.16) to GBX 2,600 ($33.75) and gave the stock a “sector perform” rating in a research note on Wednesday, July 19th. N+1 Singer initiated coverage on Rathbone Brothers plc in a research note on Tuesday, April 25th. They issued a “sell” rating and a GBX 2,100 ($27.26) price objective on the stock. Peel Hunt restated an “add” rating and issued a GBX 2,450 ($31.81) price objective on shares of Rathbone Brothers plc in a research note on Thursday, May 11th. Finally, Liberum Capital restated a “hold” rating on shares of Rathbone Brothers plc in a research note on Thursday, May 11th. One investment analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 2,405.78 ($31.23).

Shares of Rathbone Brothers plc (RAT) traded up 1.10% during mid-day trading on Thursday, reaching GBX 2765.00. 18,100 shares of the company were exchanged. The firm has a 50-day moving average price of GBX 2,635.72 and a 200 day moving average price of GBX 2,449.64. The stock’s market capitalization is GBX 1.39 billion. Rathbone Brothers plc has a 12 month low of GBX 1,724.46 and a 12 month high of GBX 2,842.00.

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Rathbone Brothers plc 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 plc (LON:RAT)

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