Brooks Macdonald Group (LON:BRK) Issues Earnings Results

Key Points

• Brooks Macdonald Group reported quarterly earnings of GBX 72 per share with a return on equity of 4.30% and a net margin of 5.03%.
• The company's stock price decreased by 2.2%, with a current market capitalization of £277.72 million and a PE ratio of 1,484.57.
• Research analysts maintain an average rating of "Hold" for the stock, with a revised price target of GBX 1,825 from Royal Bank Of Canada.

Brooks Macdonald Group (LON:BRK - Get Free Report) posted its quarterly earnings data on Thursday. The company reported GBX 72 earnings per share for the quarter, Digital Look Earnings reports. Brooks Macdonald Group had a return on equity of 4.30% and a net margin of 5.03%.

Brooks Macdonald Group Stock Up 2.0%

LON:BRK traded up GBX 35 during trading hours on Monday, reaching GBX 1,795. 2,190 shares of the company traded hands, compared to its average volume of 84,176. The business's 50-day moving average price is GBX 1,784.90 and its two-hundred day moving average price is GBX 1,605.64. The stock has a market capitalization of £279.57 million, a P/E ratio of 1,497.08, a P/E/G ratio of 0.85 and a beta of 0.80. Brooks Macdonald Group has a 1 year low of GBX 1,350 and a 1 year high of GBX 1,970. The company has a current ratio of 2.29, a quick ratio of 2.43 and a debt-to-equity ratio of 2.50.

Analysts Set New Price Targets

BRK has been the topic of several analyst reports. Shore Capital reissued a "hold" rating on shares of Brooks Macdonald Group in a report on Thursday. Royal Bank Of Canada increased their target price on Brooks Macdonald Group from GBX 1,650 to GBX 1,750 and gave the company a "sector perform" rating in a research report on Thursday, August 21st. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of GBX 1,825.

Brooks Macdonald Group Company Profile

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International.