Rathbone Brothers plc (LON:RAT) Given New GBX 2,560 Price Target at Barclays PLC

Rathbone Brothers plc (LON:RAT) had its target price lifted by investment analysts at Barclays PLC from GBX 2,500 ($32.88) to GBX 2,560 ($33.67) in a research report issued on Thursday, October 19th, MarketBeat Ratings reports. The firm presently has an “equal weight” rating on the stock. Barclays PLC’s price target would indicate a potential upside of 0.47% from the stock’s previous close.

A number of other analysts also recently issued reports on the stock. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 2,500 ($32.88) price target on shares of Rathbone Brothers plc in a report on Wednesday, October 18th. Liberum Capital reiterated a “hold” rating and issued a GBX 2,261 ($29.74) price target on shares of Rathbone Brothers plc in a report on Wednesday, October 18th. Shore Capital reiterated a “hold” rating on shares of Rathbone Brothers plc in a report on Wednesday, October 18th. Peel Hunt reiterated a “hold” rating and issued a GBX 2,630 ($34.59) price target on shares of Rathbone Brothers plc in a report on Wednesday, October 18th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 2,581 ($33.95) price target on shares of Rathbone Brothers plc in a report on Tuesday, September 5th. One equities research analyst has rated the stock with a sell rating and nine have assigned a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 2,453.30 ($32.27).

Shares of Rathbone Brothers plc (RAT) traded down GBX 0.80 ($0.01) on Thursday, hitting GBX 2,560.20 ($33.67). The stock had a trading volume of 16,015 shares, compared to its average volume of 26,335. Rathbone Brothers plc has a 52 week low of GBX 1,745 ($22.95) and a 52 week high of GBX 2,842 ($37.38).

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In other news, insider Paul Stockton purchased 5,118 shares of the company’s stock in a transaction that occurred on Monday, September 4th. The stock was purchased at an average cost of GBX 2,773 ($36.47) per share, with a total value of £141,922.14 ($186,665.97).

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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