Breaking: Numis Maintains GBX 2410 PT On Rathbone Brothers (LON:RAT) Shares, Maintains Their Original “Add” Rating


Rathbone Brothers (LON:RAT) Rating Reaffirmed

In analysts note issued to clients this morning, Numis has decided to restate their “Add” rating on Rathbone Brothers (LON:RAT) shares. The price target gives a possible upside of 8.90% from firm’s last stock price.

From a total of 5 analysts covering Rathbone Brothers PLC (LON:RAT) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is GBX 2450 while the lowest target price is GBX 2204. The mean of all analyst targets is GBX 2282.50 with a 3.56% above today’s (GBX 2204) stock price. Rathbone Brothers PLC was the topic of 13 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on November 27 with “Add” rating. Canaccord Genuity maintained RAT stock in a recent report from October 22 with “Buy” rating. Finally, Liberum Capital downgraded the stock to “Hold” rating in a report issued on an August 26.

The stock decreased 0.05% or GBX 1 on November 27, striking GBX 2204. Approximately 38,245 shares of stock traded hands or 62.85% up from the average. Rathbone Brothers plc (LON:RAT) has risen 2.80% since May 1, 2015 and is uptrending. It has outperformed by 3.69% the S&P500.

Breaking: Numis Maintains GBX 2410 PT On Rathbone Brothers (LON:RAT) Shares, Maintains Their Original

Rathbone Brothers Plc is a United Kingdom well-known provider of investment and wealth management services for private clients, charities and trustees. The company has a market cap of 1.06 billion GBP. The Company’s services include discretionary investment management, unit trusts, tax planning, trust and firm management, pension advice and banking services. It has 28.38 P/E ratio. Rathbones manages around 27.2 billion British Pounds of client funds, of which around 24.7 billion British Pounds were managed by Rathbone Investment Management.