Tatton Asset Management (LON:TAM) Given Add Rating at Peel Hunt

Peel Hunt reissued their add rating on shares of Tatton Asset Management (LON:TAM) in a research report sent to investors on Tuesday,London Stock Exchange reports. They currently have a GBX 720 target price on the stock.

Tatton Asset Management Stock Performance

Shares of TAM stock opened at GBX 710 on Tuesday. Tatton Asset Management has a 1 year low of GBX 546 and a 1 year high of GBX 770. The firm has a market capitalization of £431.89 million, a PE ratio of 27.09, a price-to-earnings-growth ratio of 1.91 and a beta of 1.03. The stock has a fifty day moving average of GBX 718.18 and a two-hundred day moving average of GBX 691.70. The company has a debt-to-equity ratio of 1.52, a quick ratio of 3.50 and a current ratio of 3.71.

Tatton Asset Management (LON:TAM) last issued its quarterly earnings results on Tuesday, November 18th. The company reported GBX 16.77 EPS for the quarter. Tatton Asset Management had a return on equity of 31.98% and a net margin of 36.32%. As a group, research analysts expect that Tatton Asset Management will post 26.0903733 EPS for the current year.

Insider Transactions at Tatton Asset Management

In other news, insider Paul Hogarth sold 400,000 shares of the company’s stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of GBX 732, for a total value of £2,928,000. Also, insider Paul Edwards sold 27,180 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of GBX 718, for a total transaction of £195,152.40. 19.10% of the stock is currently owned by insiders.

About Tatton Asset Management

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients.