Rathbone Brothers PLC (LON:RAT) Investors: Peel Hunt Maintains “Add” Rating; Independent Bank Has 1.21 Sentiment

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Independent Bank Corp (INDB) investors sentiment increased to 1.21 in 2017 Q4. It’s up 0.04, from 1.17 in 2017Q3. The ratio has improved, as 70 investment professionals increased or started new holdings, while 58 sold and reduced their holdings in Independent Bank Corp. The investment professionals in our database now possess: 21.68 million shares, down from 21.80 million shares in 2017Q3. Also, the number of investment professionals holding Independent Bank Corp in top ten holdings decreased from 2 to 1 for a decrease of 1. Sold All: 14 Reduced: 44 Increased: 46 New Position: 24.

The stock rating of Rathbone Brothers PLC (LON:RAT) was kept by investment analysts at Peel Hunt. This was revealed in analysts report on 9 April.

The stock increased 0.67% or GBX 16 during the last trading session, reaching GBX 2390. About 3,728 shares traded. Rathbone Brothers plc (LON:RAT) has 0.00% since April 9, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 11 analysts covering Rathbone Brothers PLC (LON:RAT), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. Rathbone Brothers PLC has GBX 2997 highest and GBX 1676 lowest target. GBX 2508.09’s average target is 4.94% above currents GBX 2390 stock price. Rathbone Brothers PLC had 106 analyst reports since July 28, 2015 according to SRatingsIntel. On Thursday, January 12 the stock rating was downgraded by Cantor Fitzgerald to “Hold”. As per Wednesday, August 26, the company rating was downgraded by Liberum Capital. Numis Securities maintained it with “Add” rating and GBX 2400 target in Wednesday, October 21 report. Peel Hunt maintained the stock with “Hold” rating in Monday, August 21 report. Numis Securities maintained it with “Hold” rating and GBX 2500 target in Thursday, January 11 report. The firm earned “Sector Perform” rating on Wednesday, July 19 by RBC Capital Markets. The stock has “Hold” rating by Liberum Capital on Wednesday, February 24. The stock has “Buy” rating by Numis Securities on Friday, March 10. Peel Hunt maintained Rathbone Brothers plc (LON:RAT) on Thursday, January 12 with “Buy” rating. The stock of Rathbone Brothers plc (LON:RAT) earned “Add” rating by Peel Hunt on Wednesday, May 18.

Rathbone Brothers Plc, through its subsidiaries, provides personalized investment and wealth management services for private clients, charities, and trustees in the United Kingdom and Jersey. The company has market cap of 1.19 billion GBP. The Company’s services include discretionary investment management, unit trusts, banking and loan services, financial planning, unitized portfolio, and online services, as well as trust, legal, estate, and tax advice services. It has a 26.01 P/E ratio.

Independent Bank Corp. operates as the bank holding firm for Rockland Trust Company that provides commercial banking services and products to individuals and small-to-medium sized businesses primarily in Massachusetts. The company has market cap of $1.96 billion. The companyÂ’s services and products include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. It has a 22.3 P/E ratio. The Company’s loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages, home equity loans, and loans for the construction of residential properties; and other consumer loans, such as personal loans.

The stock decreased 3.00% or $2.2 during the last trading session, reaching $71.15. About 81,567 shares traded or 12.08% up from the average. Independent Bank Corp. (INDB) has risen 16.23% since April 9, 2017 and is uptrending. It has outperformed by 4.68% the S&P500.

Analysts await Independent Bank Corp. (NASDAQ:INDB) to report earnings on April, 19. They expect $1.03 EPS, up 32.05% or $0.25 from last year’s $0.78 per share. INDB’s profit will be $28.34 million for 17.27 P/E if the $1.03 EPS becomes a reality. After $0.89 actual EPS reported by Independent Bank Corp. for the previous quarter, Wall Street now forecasts 15.73% EPS growth.

Independent Bank Corp. (NASDAQ:INDB) Institutional Positions Chart