Rathbones Group (LON:RAT) Announces Earnings Results

Rathbones Group (LON:RAT) posted its quarterly earnings results on Wednesday. The company reported GBX 161.60 ($2.05) earnings per share for the quarter, Digital Look Earnings reports. Rathbones Group had a net margin of 7.25% and a return on equity of 4.66%.

Rathbones Group Trading Down 0.7 %

RAT stock traded down GBX 12 ($0.15) during trading on Wednesday, reaching GBX 1,686 ($21.37). 170,424 shares of the stock were exchanged, compared to its average volume of 106,987. The company has a current ratio of 1.16, a quick ratio of 0.14 and a debt-to-equity ratio of 7.87. The business has a 50 day moving average price of GBX 1,685.16 and a 200-day moving average price of GBX 1,730.78. Rathbones Group has a 1 year low of GBX 1,462 ($18.53) and a 1 year high of GBX 2,005 ($25.41). The firm has a market capitalization of £1.75 billion, a price-to-earnings ratio of 27.44, a P/E/G ratio of -26.52 and a beta of 0.65.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of Rathbones Group in a research report on Tuesday, January 28th.

Rathbones Group Company Profile

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients’ wealth. Our tradition of investing and acting for everyone’s tomorrow has been with us from the beginning and continues to lead us forward.

Rathbones has over 3,500 employees in 23 UK locations and Jersey; its headquarters is 8 Finsbury Circus, London, EC2M 7AZ.