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Home / Stocks and Markets at Lows / Rathbone Brothers (RAT.L) 04-03-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Rathbone Brothers (RAT.L) 04-03-20

Rathbone Brothers (RAT.L) has fallen dramatically from recent highs of 2540p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • Now trading at 1678p (at time of writing). A return to previous highs would represent a rise of 51%.
  • This stock is one of the most significant fallers in the period.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Investors should consider whether it is down for good reason, or is this another over-reaction?
  • Investors seeking a bargain should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Shares -33% from 12-month highs; +1% from 12 month lows.

Latest News

24 Feb:  Jefferies International reiterates its underperform rating on Rathbone Brothers (RAT) and reduced the target price to 1710p (from 1810p).

21 Feb:  Liberum Capital reiterates its hold rating on Rathbone Brothers (RAT) and reduced the target price to 2039p (from 2100p).

20 Feb:  RBC Capital Markets reiterates its outperform rating on Rathbone Brothers (RAT) and reduced the target price to 2220p (from 2240p).

20 Feb:  Rathbone Brothers said in its preliminary results that funds under management increased 14.3% in 2019, reaching £50.4 billion. Funds under management in its investment management business increased by 11.7%.

24 Jan:  RBC Capital Markets has upgraded its rating on Rathbone Brothers (RAT) to outperform (from sector performer) and reduced the target price to 2240p (from 2450p).

13 Jan:  Liberum Capital reiterates its hold rating on Rathbone Brothers (RAT) and increased the target price to 2100p (from 2070p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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