Rathbones Group (OTCMKTS:RTBBF) Upgraded to Hold by Jefferies Financial Group

Jefferies Financial Group upgraded shares of Rathbones Group (OTCMKTS:RTBBF – Get Rating) from an underperform rating to a hold rating in a research report report published on Monday, The Fly reports.

Several other research analysts have also issued reports on the company. Barclays raised their target price on Rathbones Group from GBX 1,950 ($23.45) to GBX 2,050 ($24.65) in a research report on Friday. Royal Bank of Canada downgraded Rathbones Group from an outperform rating to a sector perform rating in a report on Thursday, November 17th. Finally, Investec downgraded Rathbones Group from a buy rating to a hold rating in a report on Tuesday, February 14th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Rathbones Group currently has a consensus rating of Hold and an average target price of $2,000.00.

Rathbones Group Price Performance

Shares of OTCMKTS:RTBBF opened at $20.35 on Monday. Rathbones Group has a 12-month low of $20.35 and a 12-month high of $20.35. The business has a fifty day simple moving average of $20.35 and a 200 day simple moving average of $20.35.

About Rathbones Group

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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.