Rathbones Group (LON:RAT) Earns Overweight Rating from Barclays

Rathbones Group (LON:RATGet Rating)‘s stock had its “overweight” rating reiterated by equities research analysts at Barclays in a report released on Thursday, Marketbeat Ratings reports. They presently have a GBX 2,200 ($27.48) price objective on the stock. Barclays‘s price objective points to a potential upside of 8.37% from the company’s previous close.

A number of other brokerages have also issued reports on RAT. Shore Capital reiterated a “buy” rating on shares of Rathbones Group in a research report on Thursday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,170 ($27.11) price objective on shares of Rathbones Group in a report on Wednesday, March 23rd. Royal Bank of Canada boosted their target price on shares of Rathbones Group from GBX 2,250 ($28.11) to GBX 2,420 ($30.23) and gave the stock an “outperform” rating in a research note on Wednesday, April 13th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 2,595 ($32.42) price target on shares of Rathbones Group in a research note on Friday, February 11th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 2,224 ($27.78).

LON RAT opened at GBX 2,030 ($25.36) on Thursday. The stock has a market capitalization of £1.26 billion and a price-to-earnings ratio of 15.70. The stock has a 50-day moving average of GBX 1,900.16 and a 200 day moving average of GBX 1,907.16. The company has a current ratio of 1.13, a quick ratio of 0.20 and a debt-to-equity ratio of 15.58. Rathbones Group has a twelve month low of GBX 1,426.08 ($17.81) and a twelve month high of GBX 2,230 ($27.86).

About Rathbones Group (Get Rating)

Rathbones Group Plc, through its subsidiaries, provides individual investment and wealth management services for private clients, charities, trustees, and professional partners in the United Kingdom and Jersey. The company operates in two segments, Investment Management and Funds. Its services include discretionary investment management, unit trust management, financial planning and advisory, managed portfolio, and banking and loan services, as well as trust, tax, and legal advisory services.

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Analyst Recommendations for Rathbones Group (LON:RAT)

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