Rathbone Brothers plc (RAT) Given Average Recommendation of “Buy” by Analysts

Rathbone Brothers plc (LON:RAT) has been given an average recommendation of “Buy” by the six research firms that are presently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 2,769.25 ($36.19).

Several analysts recently commented on RAT shares. Royal Bank of Canada reissued a “sector perform” rating on shares of Rathbone Brothers in a research report on Thursday, February 21st. Peel Hunt reissued a “buy” rating on shares of Rathbone Brothers in a research report on Wednesday, February 6th. Shore Capital reissued a “hold” rating on shares of Rathbone Brothers in a research report on Thursday, February 21st. Finally, Numis Securities reissued a “hold” rating and set a GBX 2,500 ($32.67) price objective on shares of Rathbone Brothers in a research report on Thursday, February 21st.

Shares of Rathbone Brothers stock traded up GBX 25 ($0.33) during trading on Wednesday, hitting GBX 2,400 ($31.36). The company’s stock had a trading volume of 34,581 shares, compared to its average volume of 47,085. The company has a debt-to-equity ratio of 4.37, a current ratio of 1.10 and a quick ratio of 0.13. The firm has a market cap of $1.29 billion and a price-to-earnings ratio of 27.84. Rathbone Brothers has a 52 week low of GBX 2,158 ($28.20) and a 52 week high of GBX 2,708 ($35.38).

Rathbone Brothers (LON:RAT) last issued its quarterly earnings results on Thursday, February 21st. The company reported GBX 142.50 ($1.86) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 136.30 ($1.78) by GBX 6.20 ($0.08).

The business also recently disclosed a dividend, which will be paid on Tuesday, May 14th. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 42 ($0.55) per share. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 1.87%. This is a boost from Rathbone Brothers’s previous dividend of $24.00. Rathbone Brothers’s dividend payout ratio (DPR) is presently 0.77%.

Rathbone Brothers Company Profile

Rathbone Brothers Plc, through its subsidiaries, provides personalized investment and wealth management services for private clients, charities, and trustees in the United Kingdom and Jersey. Its services include discretionary investment management, unit trusts, tax planning, trust and company management, pension advice, banking, loan, financial planning, unitized portfolio, and managed portfolio services, as well as trust, legal, estate, and tax advice services.

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Analyst Recommendations for Rathbone Brothers (LON:RAT)

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