Rathbones Group (LON:RAT) Insider Jonathan Sorrell Acquires 15,320 Shares

Rathbones Group Plc (LON:RAT) insider Jonathan Sorrell  purchased 15,320 shares of the stock in a transaction on Tuesday, June 16th. The shares were purchased at an average price of GBX 1,630 per share, with a total value of £249,716.

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

• On Thursday, June 4th, Jonathan Sorrell  purchased 8 shares of Rathbones Group stock. The shares were purchased at an average price of GBX 1,910 per share, with a total value of £152.80.

Rathbones Group Stock Down 16.8%

LON RAT traded down GBX 328 on Tuesday, hitting GBX 1,624. 7,286,552 shares of the stock were exchanged, compared to its average volume of 544,687. The company has a quick ratio of 0.14, a current ratio of 190.82 and a debt-to-equity ratio of 14.65. Rathbones Group Plc has a fifty-two week low of GBX 1,582 and a fifty-two week high of GBX 2,500. The company has a market cap of £1.68 billion, a PE ratio of 15.51, a PEG ratio of -26.52 and a beta of 0.71. The company has a 50-day moving average price of GBX 1,992.31 and a 200-day moving average price of GBX 2,024.68.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated an “underperform” rating and set a GBX 1,850 price target on shares of Rathbones Group in a report on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Rathbones Group presently has an average rating of “Hold” and an average price target of GBX 2,025.

About Rathbones Group

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.