Brooks Macdonald Group (LON:BRK) Downgraded to "Hold" Rating by Shore Capital

Brooks Macdonald Group (LON:BRK - Get Free Report) was downgraded by Shore Capital to a "hold" rating in a report issued on Wednesday, Marketbeat reports. They presently have a GBX 1,900 ($25.50) price objective on the stock. Shore Capital's target price would indicate a potential upside of 6.74% from the company's previous close.

Brooks Macdonald Group Price Performance

LON:BRK remained flat at GBX 1,780 ($23.89) on Wednesday. The company's stock had a trading volume of 18,450 shares, compared to its average volume of 100,165. The company has a debt-to-equity ratio of 2.50, a quick ratio of 2.43 and a current ratio of 2.29. The stock's 50 day moving average is GBX 1,645.04 and its 200-day moving average is GBX 1,534.15. The stock has a market capitalization of £289.34 million, a price-to-earnings ratio of 44.73, a PEG ratio of 0.85 and a beta of 0.80. Brooks Macdonald Group has a twelve month low of GBX 1,350 ($18.12) and a twelve month high of GBX 2,080 ($27.92).

About Brooks Macdonald Group

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.