Rathbones Group (RAT) Stock Overview
Provides wealth management, asset management, and related services in the United Kingdom and Channel Islands. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
RAT Community Fair Values
Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Rathbones Group Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£19.26 |
| 52 Week High | UK£25.00 |
| 52 Week Low | UK£16.00 |
| Beta | 0.71 |
| 1 Month Change | -4.18% |
| 3 Month Change | -7.85% |
| 1 Year Change | 17.58% |
| 3 Year Change | -1.23% |
| 5 Year Change | 1.37% |
| Change since IPO | 416.35% |
Recent News & Updates
Narrative Update • Jun 04
RAT: Lower Discount Rate And Steady Margins Will Support More Constructive Pricing
Narrative Price Target Update Analysts have reduced their price target on Rathbones Group by £1.00. This adjustment reflects updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E multiples following recent research.Narrative Update • May 12
RAT: Recent Rating Upgrades And Execution Progress Will Support More Constructive Pricing
The analyst price target for Rathbones Group has been trimmed slightly to £23.36 from £23.58, as analysts factor in modestly lower revenue growth and profit margin assumptions, along with a somewhat higher future P/E multiple, following mixed recent research that includes both target increases and a cut. Analyst Commentary Recent research on Rathbones Group reflects a mixed but engaged analyst community, with several firms revisiting their valuation frameworks and target prices following the latest company updates.Narrative Update • Apr 28
RAT: Recent Upgrade And Execution Progress Will Support More Constructive Future Pricing
Rathbones' analyst price target has edged lower by about £0.10, as analysts factor in slightly softer revenue growth and profit margin assumptions, along with a marginally higher discount rate, even while some recent research updates express renewed confidence in the company’s direction. Analyst Commentary Recent research updates on Rathbones Group present a mix of optimism and caution, with changes in price targets and ratings reflecting different views on how well the current plan can translate into value for shareholders.Narrative Update • Apr 12
RAT: Execution Improvements And Recent Upgrade Will Support More Constructive Future Pricing
The analyst price target for Rathbones Group has been adjusted slightly lower by £0.10, as analysts factor in updated assumptions on discount rates, revenue growth, profit margins and a modestly lower future P/E multiple, alongside mixed recent Street research on the shares. Analyst Commentary Recent Street research on Rathbones Group shows a mix of optimism on execution and growth alongside some caution on valuation and future returns.Recent updates
Narrative Update • Jun 04
RAT: Lower Discount Rate And Steady Margins Will Support More Constructive Pricing
Narrative Price Target Update Analysts have reduced their price target on Rathbones Group by £1.00. This adjustment reflects updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E multiples following recent research.Narrative Update • May 12
RAT: Recent Rating Upgrades And Execution Progress Will Support More Constructive Pricing
The analyst price target for Rathbones Group has been trimmed slightly to £23.36 from £23.58, as analysts factor in modestly lower revenue growth and profit margin assumptions, along with a somewhat higher future P/E multiple, following mixed recent research that includes both target increases and a cut. Analyst Commentary Recent research on Rathbones Group reflects a mixed but engaged analyst community, with several firms revisiting their valuation frameworks and target prices following the latest company updates.Narrative Update • Apr 28
RAT: Recent Upgrade And Execution Progress Will Support More Constructive Future Pricing
Rathbones' analyst price target has edged lower by about £0.10, as analysts factor in slightly softer revenue growth and profit margin assumptions, along with a marginally higher discount rate, even while some recent research updates express renewed confidence in the company’s direction. Analyst Commentary Recent research updates on Rathbones Group present a mix of optimism and caution, with changes in price targets and ratings reflecting different views on how well the current plan can translate into value for shareholders.Narrative Update • Apr 12
RAT: Execution Improvements And Recent Upgrade Will Support More Constructive Future Pricing
The analyst price target for Rathbones Group has been adjusted slightly lower by £0.10, as analysts factor in updated assumptions on discount rates, revenue growth, profit margins and a modestly lower future P/E multiple, alongside mixed recent Street research on the shares. Analyst Commentary Recent Street research on Rathbones Group shows a mix of optimism on execution and growth alongside some caution on valuation and future returns.Narrative Update • Mar 28
RAT: Plan Execution And Recent Upgrade Will Support More Constructive Future Pricing
Rathbones Group's analyst price targets have moved higher, with recent updates pointing to a range around £25.00 to £26.00 per share. Analysts are highlighting the company's latest strategic update and reassessing its outlook under broadly unchanged fair value and earnings assumptions.Narrative Update • Mar 13
RAT: Raised Plan Execution Will Support More Constructive Future Share Pricing
Rathbones Group's analyst fair value estimate has moved from £22.07 to £23.78. This reflects higher Street price targets around £2,500 to £2,600 and analysts' more constructive view on the latest company update.
New Narrative • Mar 01
Technology And Margin Targets Will Likely Disappoint Against Flat Revenue Expectations
Catalysts About Rathbones Group Rathbones Group provides wealth and investment management services to U.K. private clients, charities and institutions. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 27
RAT: Fair Outlook Will Reflect Raised Price Views And Earnings Assumption Risks
Narrative Update The analyst price target for Rathbones Group has moved higher, with recent Street research pointing to targets in the £21 to £26 range. Analysts are responding positively to the company's latest update and have reflected this in modestly adjusted fair value, discount rate, revenue growth and profit margin assumptions, as well as a slightly higher future P/E multiple.Narrative Update • Feb 13
RAT: Fair Outlook Will Reflect Updated Discount Rate And Earnings Assumptions
Analysts have lifted their price target on Rathbones Group by £1.00 to reflect updated views on discount rates, revenue trends, profit margins and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts see the £1.00 increase in the price target as a reflection of more confident assumptions around discount rates, which supports a higher valuation on the same cash flow profile.Narrative Update • Jan 30
RAT: Fair Outlook Will Reflect Higher Price Assumptions And Earnings Multiple
Analysts have lifted their price target for Rathbones Group by £1.00, pointing to updated assumptions on fair value, discount rate, revenue trends, profit margins, and future P/E as the key drivers of the change. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher price target as a reflection of updated fair value work, suggesting they see the current share price as not fully aligning with their assessment of the business fundamentals.
New Narrative • Jan 28
Platform Synergies And Scalable Advice Capabilities Will Transform Long-Term Earnings Power
Catalysts About Rathbones Group Rathbones Group is a U.K. wealth and asset manager providing investment management, financial planning and related services to private clients, charities and professional partners. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 16
RAT: Fair Outlook Balances Sector Growth Concerns With Updated Risk Assumptions
Analysts have nudged their price target for Rathbones Group slightly higher from £21.11 to £21.30, citing updated assumptions for discount rates, revenue trends, profit margins and future P/E, along with recent research that highlights relatively stronger growth prospects at other wealth managers. Analyst Commentary Analysts are framing the latest price target move in the context of where they see better risk and reward across the wealth management sector, rather than as a clear vote of confidence in Rathbones on a standalone basis.Analysis Article • Dec 25
Rathbones Group Plc's (LON:RAT) P/E Still Appears To Be Reasonable
Rathbones Group Plc's ( LON:RAT ) price-to-earnings (or "P/E") ratio of 30.8x might make it look like a strong sell...Narrative Update • Oct 26
Share Repurchase Plans And Margin Improvements Will Support Future Opportunities
Rathbones Group's analyst price target has been raised from £20.67 to £21.11, as analysts cite improved profit margin forecasts and slightly better expectations for future revenue growth. What's in the News Rathbones Group Plc is set to commence share repurchases starting September 2, 2025, following a mandate from the Annual General Meeting held on May 8, 2025 (Key Developments).Analysis Article • Sep 26
With Rathbones Group Plc (LON:RAT) It Looks Like You'll Get What You Pay For
With a price-to-earnings (or "P/E") ratio of 29x Rathbones Group Plc ( LON:RAT ) may be sending very bearish signals at...Analysis Article • Aug 18
Rathbones Group (LON:RAT) Has Announced A Dividend Of £0.31
Rathbones Group Plc's ( LON:RAT ) investors are due to receive a payment of £0.31 per share on 1st of October. This...Analysis Article • Aug 02
Rathbones Group (LON:RAT) Will Pay A Dividend Of £0.31
Rathbones Group Plc ( LON:RAT ) has announced that it will pay a dividend of £0.31 per share on the 1st of October...Analysis Article • Apr 02
Why Investors Shouldn't Be Surprised By Rathbones Group Plc's (LON:RAT) P/E
When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 15x, you may...
New Narrative • Mar 02
Integration With IW&I Will Unlock Significant Synergies By 2025
Integration with Investec and Saunderson House aims to boost synergies, reduce outflows, and enhance revenue through increased funds under management.Analysis Article • Aug 28
Investors Still Waiting For A Pull Back In Rathbones Group Plc (LON:RAT)
Rathbones Group Plc's ( LON:RAT ) price-to-earnings (or "P/E") ratio of 30.7x might make it look like a strong sell...Analysis Article • Apr 10
Rathbones Group (LON:RAT) Has Announced That Its Dividend Will Be Reduced To £0.24
Rathbones Group Plc's ( LON:RAT ) dividend is being reduced from last year's payment covering the same period to £0.24...Analysis Article • Jan 08
Earnings Tell The Story For Rathbones Group Plc (LON:RAT)
Rathbones Group Plc's ( LON:RAT ) price-to-earnings (or "P/E") ratio of 33.6x might make it look like a strong sell...Analysis Article • Apr 05
Rathbones Group (LON:RAT) Is Increasing Its Dividend To £0.56
The board of Rathbones Group Plc ( LON:RAT ) has announced that it will be paying its dividend of £0.56 on the 9th of...Analysis Article • Mar 04
Rathbones Group (LON:RAT) Will Pay A Larger Dividend Than Last Year At £0.56
Rathbones Group Plc ( LON:RAT ) has announced that it will be increasing its dividend from last year's comparable...Analysis Article • Dec 09
Here's Why We Think Rathbones Group (LON:RAT) Is Well Worth Watching
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Jul 31
Rathbones Group (LON:RAT) Is Paying Out A Larger Dividend Than Last Year
The board of Rathbones Group Plc ( LON:RAT ) has announced that it will be increasing its dividend by 3.7% on the 4th...Analysis Article • Jun 02
If You Like EPS Growth Then Check Out Rathbones Group (LON:RAT) Before It's Too Late
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Analysis Article • Apr 16
Rathbones Group (LON:RAT) Is Increasing Its Dividend To UK£0.54
Rathbones Group Plc's ( LON:RAT ) dividend will be increasing to UK£0.54 on 10th of May. This will take the dividend...Analysis Article • Apr 02
Rathbones Group (LON:RAT) Is Paying Out A Larger Dividend Than Last Year
Rathbones Group Plc ( LON:RAT ) will increase its dividend on the 10th of May to UK£0.54. This will take the dividend...Analysis Article • Feb 27
Rathbones Group (LON:RAT) Is Paying Out A Larger Dividend Than Last Year
Rathbones Group Plc ( LON:RAT ) has announced that it will be increasing its dividend on the 10th of May to UK£0.54...Shareholder Returns
| RAT | GB Capital Markets | GB Market | |
|---|---|---|---|
| 7D | -2.7% | 0.5% | -0.6% |
| 1Y | 17.6% | -9.3% | 17.3% |
Return vs Industry: RAT exceeded the UK Capital Markets industry which returned -9.3% over the past year.
Return vs Market: RAT matched the UK Market which returned 17.3% over the past year.
Price Volatility
| RAT volatility | |
|---|---|
| RAT Average Weekly Movement | 3.7% |
| Capital Markets Industry Average Movement | 4.5% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in GB Market | 11.8% |
| 10% least volatile stocks in GB Market | 3.2% |
Stable Share Price: RAT has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: RAT's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1742 | 3,251 | Jonathan Edward Sorrell | www.rathbones.com |
Rathbones Group Plc, together with its subsidiaries, provides wealth management, asset management, and related services in the United Kingdom and Channel Islands. The company operates in two segments: Wealth Management and Asset Management. Its services include discretionary investment management; financial planning and advisory services comprising trust, tax, and legal services; international investment services; ethical and sustainable investments; and personal injury and court of protection services.
Rathbones Group Plc Fundamentals Summary
| RAT fundamental statistics | |
|---|---|
| Market cap | UK£2.01b |
| Earnings (TTM) | UK£112.30m |
| Revenue (TTM) | UK£1.02b |
17.7x
P/E Ratio1.9x
P/S RatioIs RAT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RAT income statement (TTM) | |
|---|---|
| Revenue | UK£1.02b |
| Cost of Revenue | UK£38.20m |
| Gross Profit | UK£980.50m |
| Other Expenses | UK£868.20m |
| Earnings | UK£112.30m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Jul 29, 2026
| Earnings per share (EPS) | 1.09 |
| Gross Margin | 96.25% |
| Net Profit Margin | 11.02% |
| Debt/Equity Ratio | 3.6% |
How did RAT perform over the long term?
See historical performance and comparisonDividends
5.1%
Current Dividend Yield92%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/05 17:57 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Rathbones Group Plc is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Sanderson | Barclays |
| Alexander Medhurst | Barclays |
| Jonathan Richards | Berenberg |