Brooks Macdonald Group (LON:BRK) Share Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Brooks Macdonald Group plc shares have crossed above their 200-day moving average, currently trading at GBX 1,800 ($24.32), showing a recent volatility with a peak at GBX 1,830 ($24.72).
• Equity analysts have mixed sentiments, with Shore Capital downgrading the stock to a "hold" rating and setting a target price of GBX 1,900, while Royal Bank Of Canada raised their target from GBX 1,650 to GBX 1,750.
• The company reports a market capitalization of £292.59 million and holds a P/E ratio of 45.23, with a consensus price target of GBX 1,825 among analysts.

Brooks Macdonald Group plc (LON:BRK - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,589.74 ($21.47) and traded as high as GBX 1,830 ($24.71). Brooks Macdonald Group shares last traded at GBX 1,800 ($24.31), with a volume of 23,579 shares traded.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BRK. Shore Capital cut Brooks Macdonald Group to a "hold" rating and set a GBX 1,900 target price on the stock. in a research report on Wednesday, July 16th. Royal Bank Of Canada boosted their target price on Brooks Macdonald Group from GBX 1,650 to GBX 1,750 and gave the stock a "sector perform" rating in a 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 a consensus rating of "Hold" and a consensus price target of GBX 1,825.

Brooks Macdonald Group Stock Performance

The stock has a market cap of £280.84 million, a PE ratio of 1,501.25, a price-to-earnings-growth ratio of 0.85 and a beta of 0.80. 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 company's 50-day moving average price is GBX 1,775 and its 200 day moving average price is GBX 1,593.72.

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.