Rathbones Group (LON:RAT) Reaches New 12-Month Low – What’s Next?

Rathbones Group Plc (LON:RAT)’s share price hit a new 52-week low on Tuesday . The stock traded as low as GBX 1,594 and last traded at GBX 1,616.99, with a volume of 1594016 shares. The stock had previously closed at GBX 1,952.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 1,850 price objective on shares of Rathbones Group in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of GBX 2,025.

Rathbones Group Price Performance

The company has a debt-to-equity ratio of 14.65, a current ratio of 190.82 and a quick ratio of 0.14. The company’s 50 day moving average price is GBX 1,992.31 and its 200 day moving average price is GBX 2,024.68. The firm has a market capitalization of £1.68 billion, a P/E ratio of 15.49, a PEG ratio of -26.52 and a beta of 0.71.

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.