Brooks Macdonald Group (LON:BRK) Price Target Raised to GBX 1,750

Key Points

• Royal Bank Of Canada has raised its target price for Brooks Macdonald Group from GBX 1,650 to GBX 1,750, maintaining a "sector perform" rating despite suggesting a possible downside of 4.11% from the current stock price.
• Shore Capital has downgraded the company's shares to a "hold" rating with a price target of GBX 1,900, contributing to a consensus rating of "Hold" across analysts.
• Brooks Macdonald Group's stock has shown a slight increase of 1.4%, currently trading at GBX 1,825, with a market capitalization of £296.66 million and a notable P/E ratio of 45.86.

Brooks Macdonald Group (LON:BRK - Get Free Report) had its target price boosted by research analysts at Royal Bank Of Canada from GBX 1,650 to GBX 1,750 in a report released on Thursday, MarketBeat.com reports. The firm presently has a "sector perform" rating on the stock. Royal Bank Of Canada's price objective would indicate a potential downside of 4.37% from the stock's previous close.

Separately, Shore Capital lowered Brooks Macdonald Group to a "hold" rating and set a GBX 1,900 price objective for the company. in a report on Wednesday, July 16th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of GBX 1,825.

Brooks Macdonald Group Stock Performance

Shares of LON BRK traded up GBX 10 during mid-day trading on Thursday, hitting GBX 1,830. The company had a trading volume of 3,512 shares, compared to its average volume of 86,792. The stock has a market cap of £297.47 million, a price-to-earnings ratio of 45.98, a PEG ratio of 0.85 and a beta of 0.80. Brooks Macdonald Group has a 12 month low of GBX 1,350 and a 12 month high of GBX 2,080. The company has a debt-to-equity ratio of 2.50, a current ratio of 2.29 and a quick ratio of 2.43. The firm's 50 day simple moving average is GBX 1,761.40 and its two-hundred day simple moving average is GBX 1,584.

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.