Rathbones Group (LON:RAT) Insider Jonathan Sorrell Purchases 7 Shares of Stock

Rathbones Group Plc (LON:RAT) insider Jonathan Sorrell acquired 7 shares of Rathbones Group stock in a transaction on Wednesday, February 4th. The stock was purchased at an average cost of GBX 2,200 per share, with a total value of £154.

Jonathan Sorrell also recently made the following trade(s):

• On Monday, January 5th, Jonathan Sorrell purchased 7 shares of Rathbones Group stock. The stock was acquired at an average cost of GBX 1,914 per share, with a total value of £133.98.

Rathbones Group Stock Up 1.6%

Rathbones Group stock opened at GBX 2,235 on Friday. Rathbones Group Plc has a 1-year low of GBX 1,374 and a 1-year high of GBX 2,250. The firm has a market capitalization of £2.30 billion, a price-to-earnings ratio of 37.82, a price-to-earnings-growth ratio of -26.52 and a beta of 0.65. The firm’s fifty day moving average price is GBX 2,001.43 and its two-hundred day moving average price is GBX 1,897.17. The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 2,050 target price on shares of Rathbones Group in a report on Thursday, October 16th. Shore Capital Group reissued a “buy” rating and issued a GBX 2,200 price target on shares of Rathbones Group in a research report on Wednesday, October 15th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 2,084.25.

Rathbones Group Company Profile

With roots dating back to 1742, Rathbones is one of the UK’s leading providers of investment and wealth management services for private clients (individuals and families), charities, trustees and professional partners. Rathbones’ purpose is to help more people invest their money well, so they can live well.

Rathbones has been trusted for generations to manage, preserve and grow clients’ wealth and services include discretionary investment management, fund management, tax planning, trust and company management, financial advice and banking services.