Deutsche Bank Aktiengesellschaft Reiterates Hold Rating for Rathbones Group (LON:RAT)

Rathbones Group (LON:RATGet Free Report)‘s stock had its “hold” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a report issued on Thursday, Marketbeat.com reports. They presently have a GBX 2,000 ($26.55) target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 4.17% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Canaccord Genuity Group boosted their price objective on Rathbones Group from GBX 2,084 ($27.66) to GBX 2,087 ($27.70) and gave the company a “buy” rating in a research report on Thursday, May 1st. Shore Capital reiterated a “buy” rating and set a GBX 2,200 ($29.20) price target on shares of Rathbones Group in a report on Wednesday, July 23rd.

Get Our Latest Stock Analysis on Rathbones Group

Rathbones Group Price Performance

RAT opened at GBX 1,920 ($25.48) on Thursday. The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. The stock has a market capitalization of £2.00 billion, a P/E ratio of 31.25, a PEG ratio of -26.52 and a beta of 0.65. The stock has a 50-day moving average price of GBX 1,760.38 and a 200-day moving average price of GBX 1,669.41. Rathbones Group has a 12-month low of GBX 1,374 ($18.24) and a 12-month high of GBX 2,000 ($26.55).

Rathbones Group (LON:RATGet Free Report) last issued its earnings results on Wednesday, July 30th. The company reported GBX 75.60 ($1.00) earnings per share (EPS) for the quarter. Rathbones Group had a return on equity of 4.66% and a net margin of 7.25%. Equities analysts predict that Rathbones Group will post 174.9287749 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Rathbones Group news, insider Clive Bannister acquired 12,500 shares of the business’s stock in a transaction dated Friday, August 1st. The shares were purchased at an average cost of GBX 1,929 ($25.60) per share, for a total transaction of £241,125 ($320,049.11). Also, insider Iain Cummings bought 103 shares of Rathbones Group stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average cost of GBX 1,620 ($21.50) per share, for a total transaction of £1,668.60 ($2,214.76). In the last 90 days, insiders acquired 15,119 shares of company stock worth $28,319,892. 41.78% of the stock is currently owned by company insiders.

About Rathbones Group

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