tiprankstipranks
Trending News
More News >

Rathbones Group PLC Announces Share Allotment Under Incentive Plan

Story Highlights

Confident Investing Starts Here:

The latest update is out from Rathbones Group PLC ( (GB:RAT) ).

Rathbones Group PLC has announced the allotment of ordinary shares to Equiniti Share Plan Trustees Limited as part of the reinvestment of the company’s 2024 final dividend under its Inland Revenue Approved Share Incentive Plan. This transaction, conducted at a price of £16.16 per share, involves key managerial figures such as the Group CEO, CFO, Chief Risk Officer, and COO, reflecting the company’s commitment to aligning management interests with shareholder value.

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 is a prominent financial services company that specializes in wealth management. The company offers a range of services including investment management, financial planning, and advisory services, primarily catering to private clients, charities, and trustees.

Average Trading Volume: 72,419

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.69B

See more data about RAT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App