Rathbones Group (LON:RAT) Insider Buys £165.42 in Stock

Rathbones Group Plc (LON:RAT) insider Iain Hooley purchased 9 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The stock was bought at an average price of GBX 1,838 per share, for a total transaction of £165.42.

Iain Hooley also recently made the following trade(s):

• On Thursday, September 4th, Iain Hooley purchased 8 shares of Rathbones Group stock. The stock was bought at an average price of GBX 1,810 per share, for a total transaction of £144.80.
• On Monday, August 4th, Iain Hooley purchased 8 shares of Rathbones Group stock. The stock was bought at an average price of GBX 1,920 per share, for a total transaction of £153.60.

Rathbones Group Stock Up 0.2%

Shares of LON RAT opened at GBX 1,860 on Friday. The company has a debt-to-equity ratio of 7.87, a quick ratio of 0.14 and a current ratio of 1.16. Rathbones Group Plc has a 52 week low of GBX 1,374 and a 52 week high of GBX 1,970. The stock has a market capitalization of £1.95 billion, a P/E ratio of 3,147.21, a PEG ratio of -26.52 and a beta of 0.65. The stock’s fifty day moving average is GBX 1,847.68 and its 200 day moving average is GBX 1,725.14.

Rathbones Group (LON:RAT) last issued its quarterly earnings results on Wednesday, July 30th. The company reported GBX 75.60 EPS for the quarter. Rathbones Group had a return on equity of 4.66% and a net margin of 7.25%. Sell-side analysts forecast that Rathbones Group Plc will post 174.9287749 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on RAT shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 2,000 price objective on shares of Rathbones Group in a research note on Thursday, July 31st. Shore Capital reaffirmed a “buy” rating and issued a GBX 2,200 price objective on shares of Rathbones Group in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,095.67.

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.