Rathbones Group (LON:RAT) Earns “Buy” Rating from Shore Capital

Rathbones Group (LON:RAT)‘s stock had its “buy” rating restated by equities research analysts at Shore Capital in a research note issued to investors on Thursday, MarketBeat.com reports.

Separately, Canaccord Genuity Group lifted their price objective on shares of Rathbones Group from GBX 2,084 ($27.72) to GBX 2,087 ($27.76) and gave the stock a “buy” rating in a research report on Thursday, May 1st.

Rathbones Group Stock Performance

RAT stock opened at GBX 1,612 ($21.44) on Thursday. The company has a quick ratio of 0.14, a current ratio of 1.16 and a debt-to-equity ratio of 7.87. The firm has a market cap of £1.68 billion, a PE ratio of 26.23, a P/E/G ratio of -26.52 and a beta of 0.65. The business has a 50 day moving average of GBX 1,563.76 and a 200-day moving average of GBX 1,642. Rathbones Group has a 12-month low of GBX 1,374 ($18.28) and a 12-month high of GBX 2,005 ($26.67).

Rathbones Group (LON:RAT) last announced its earnings results on Wednesday, February 26th. The company reported GBX 161.60 ($2.15) earnings per share (EPS) for the quarter. Rathbones Group had a return on equity of 4.66% and a net margin of 7.25%. As a group, sell-side analysts expect that Rathbones Group will post 174.9287749 earnings per share for the current year.

Insider Buying and Selling

In other Rathbones Group news, insider Dharmash Mistry bought 2,500 shares of the stock in a transaction on Thursday, May 8th. The shares were acquired at an average price of GBX 1,605 ($21.35) per share, with a total value of £40,125 ($53,379.01). Also, insider Paul Stockton sold 11,767 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of GBX 1,610 ($21.42), for a total value of £189,448.70 ($252,027.01). 41.78% of the stock is currently owned by insiders.

About Rathbones Group