Brooks Macdonald Group (LON:BRK) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• The share price of Brooks Macdonald Group recently crossed above its 200-day moving average, indicating a potentially bullish trend in the market.
• Analysts have a consensus rating of "Hold" on the stock, with an average price target of GBX 1,825.
• Brooks Macdonald Group reported an EPS of GBX 72 for the latest quarter, with a net margin of 5.03% and a return on equity of 4.30%.

Brooks Macdonald Group plc (LON:BRK - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,626.57 ($21.98) and traded as high as GBX 1,795 ($24.26). Brooks Macdonald Group shares last traded at GBX 1,780 ($24.06), with a volume of 34,493 shares traded.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on BRK shares. Royal Bank Of Canada upped their price target on shares of Brooks Macdonald Group from GBX 1,650 to GBX 1,750 and gave the company a "sector perform" rating in a report on Thursday, August 21st. Shore Capital reiterated a "hold" rating on shares of Brooks Macdonald Group in a research note on Thursday, September 4th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Brooks Macdonald Group currently has a consensus rating of "Hold" and an average price target of GBX 1,825.

Brooks Macdonald Group Stock Down 1.1%

The firm has a market cap of £274.12 million, a price-to-earnings ratio of 1,467.89, a P/E/G ratio of 0.85 and a beta of 0.80. The firm's fifty day moving average is GBX 1,798.20 and its two-hundred day moving average is GBX 1,630.92. The company has a debt-to-equity ratio of 2.50, a current ratio of 2.29 and a quick ratio of 2.43.

Brooks Macdonald Group (LON:BRK - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The company reported GBX 72 earnings per share for the quarter. Brooks Macdonald Group had a net margin of 5.03% and a return on equity of 4.30%. On average, sell-side analysts expect that Brooks Macdonald Group plc will post 155.186722 EPS for the current fiscal year.

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.