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Rathbones Chair Increases Stake with Share Purchase

Story Highlights
  • Rathbones Group PLC provides wealth management services in the financial industry.
  • Chair Clive Bannister purchased 12,500 shares, signaling confidence in the company’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rathbones Chair Increases Stake with Share Purchase

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An update from Rathbones Group PLC ( (GB:RAT) ) is now available.

Rathbones Group PLC announced that Clive Bannister, the Chair of the company, has purchased 12,500 ordinary shares at a price of £19.29 each on the London Stock Exchange. This transaction reflects confidence in the company’s prospects and may positively influence stakeholder perceptions, reinforcing the leadership’s commitment to the company’s growth and stability.

The most recent analyst rating on (GB:RAT) stock is a Hold with a £18.30 price target. To see the full list of analyst forecasts on Rathbones Group PLC stock, see the GB:RAT Stock Forecast page.

Spark’s Take on GB:RAT Stock

According to Spark, TipRanks’ AI Analyst, GB:RAT is a Outperform.

Rathbones Group PLC demonstrates solid financial performance with strong revenue growth and cash flow improvements, driving a high score. While technical analysis presents mixed signals, the stock is fairly valued, and recent corporate events provide a positive outlook. The overall score reflects a stable company with good financial health and strategic alignment, despite some technical challenges.

To see Spark’s full report on GB:RAT stock, click here.

More about Rathbones Group PLC

Rathbones Group PLC operates in the financial services industry, providing wealth management services. The company focuses on investment management, financial planning, and advisory services, catering to a diverse client base including individuals, charities, and trustees.

Average Trading Volume: 82,289

Technical Sentiment Signal: Buy

Current Market Cap: £2.02B

For a thorough assessment of RAT stock, go to TipRanks’ Stock Analysis page.

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