Rathbone Brothers (RAT.L) 19-02-20
Shares in Rathbone Brothers (RAT.L) have dropped from recent highs of 2470.0p. Are further falls imminent, or will investors benefit from this low price?
- A return to previous highs would represent a rise of 25%. Now trading at 1968.0p (at time of writing).
- This stock is one of the most significant fallers in the period.
- Is the fall justified? Is a bounce due?
- The market has been known to over-react to negative news. Traders may wish to consider whether the fall is reasonable, or is the recent fall an over-reaction?
- Contrarian traders should be mindful of fundamentals and events, which can influence price. Check our website for updates.
- Shares -22% from 12-month highs; +0% from 12 month lows.
Latest News
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