Rathbone Brothers pleased with first half growth
25th Jul 2018 08:20
(Sharecast News) - Rathbone Brothers issued its half-year report on Wednesday morning, revealing an 11.5% improvement in underlying profit before to £48.3m.
Read moreRathbone Brothers reports on 'robust' quarter
12th Jan 2017 08:15
(ShareCast News) - Rathbone Brothers announced a trading update for the three months to 31 December on Thursday, with trading in the period described as "robust", reflecting a rally in investment markets and positive transaction volumes. The FTSE 250 firm reported total funds under management at per
Read moreBroker tips: Acacia Mining, Petra Diamonds, Rathbone Brothers
24th Oct 2016 13:05
(ShareCast News) - Acacia Mining's shares rose on Monday as Deutsche Bank reiterated a 'buy' rating and lifted its target price to 580p from 570p, citing progress on the company's turnaround. The miner last Friday reported it swung to a pre-tax profit for the third quarter and said full-year gold p
Read moreRathbone Brothers sees good growth, though pension deficit soars
20th Oct 2016 08:02
(ShareCast News) - Rathbone Brothers posted a trading update for the three months to 30 September on Thursday, with total funds under management sitting at £33.2bn at period end - up 8.5% from £30.6bn on 30 June. The FTSE 250 firm compared it to an increase of 6.1% in the FTSE 100 Index and 5.2% in
Read moreFirst half earnings slide at Rathbone Brothers
27th Jul 2016 08:33
(ShareCast News) - Rathbone Brothers issued its half-yearly report on Wednesday, reporting total funds under management at 30 June of £30.6bn, up 4.8% from £29.2 billion at 31 December. The FTSE 250 firm said that compared to an increase of 4.2% in the FTSE 100 Index and an increase of 5.4% in the F
Read moreBroker tips: Vodafone, ITV, Rathbone Brothers
12th Jul 2016 13:24
(ShareCast News) - Vodafone was under the cosh on Tuesday after Citi downgraded the stock to 'neutral' from 'buy' but raised the target price to 245p from 240p. Citi said it does not expect a "significant positive catalyst" for another two quarters following the company's full year results in May, a
Read moreRathbone Brothers surges on Numis upgrade
12th Jul 2016 13:19
(ShareCast News) - Rathbone Brothers shares surged on Tuesday as Numis upgraded its stance on the stock to 'buy' from 'add', with a 2,350p price target. The brokerage said that with the stock trading at a discount of around 20% to its 10-year average price-to-earnings of 15x, it was an ideal time to
Read moreFTSE 250 movers: Ibstock retreats as Pets at Home accelerates
26th May 2016 14:30
(ShareCast News) - The FTSE 250 slipped further into the red late as Thursday wore on, despite having peeped its head above water around midday. Leading the index lower, shares in Ibstock subsided as the brick maker reported a slow start to the year for its UK clay business had lasted four months b
Read moreIncome down as growth slows at Rathbone Brothers
18th May 2016 08:10
(ShareCast News) - Net operating income at Rathbone Brothers fell in the first quarter, it reported on Wednesday, by 0.7% to £58.9m. The FTSE 250 company saw closing funds under management grow in the three months to 31 March, to £26.15bn from £26.13bn in its investment management division, and to £
Read moreWednesday broker round-up
24th Feb 2016 15:28
(ShareCast News) - Standard Chartered: UBS reiterates neutral with a target price of 510p, JP Morgan stays at overweight, 725p target and Morgan Stanley keeps at underweight with a target price of 370p. Home Retail Group: Canaccord upgrades hold with a target price of 175p. Capital & Countries Prop
Read moreRathbone Brothers full year funds under management grow
24th Feb 2016 08:01
(ShareCast News) - Wealth manager Rathbone Brothers posted a rise in full year 2015 profit and funds under management despite subdued investment markets. For the year ended 31 December, pre-tax profit rose to £58.6m from £45.7m in 2014, while basic earnings per share came in at 97.4p from 76p. Mean
Read morePositive fourth quarter for Rathbone Brothers
7th Jan 2016 08:18
(ShareCast News) - Rathbone Brothers posted a positive fourth quarter, though it did report a mixed 2015 in a trading update on Thursday. The FTSE 250 fund manager reported it had total funds under management at 31 December 2015 of £29.2bn, up 5.8% on 30 September and 7.4% at 31 December 2014. Of t
Read moreRathbone Brothers posts increase in third quarter operating income
22nd Oct 2015 08:30
(ShareCast News) - Investment manager Rathbone Brothers posted an increase in third quarter operating income, though it warned the economic environment remained challenging. In the three months to 30 September, net operating income rose 13.4% year-on-year to £55.6m, while funds under management, a c
Read moreRathbone Brothers buys remaining stake in the Vision Group
1st Oct 2015 07:20
(ShareCast News) - Wealth manager Rathbone Brothers has agreed to purchase the remaining 80.1% that it didn't already own in the Vision Group, which is a an independent specialist financial advice network focusing on high net worth private clients. Rathbones, which purchased a 19.9% stake in the
Read moreRathbone retains positive outlook for 2015 after solid first quarter
14th May 2015 10:59
Investment and wealth management services Rathbone Brothers saw its total funds under management rose in the first quarter, although the pace of investment returns slowed down. The FTSE 250 group said total funds under management rose 6.3% year-on-year to £28.9bn, while organic growth in the period
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