Brooks Macdonald Group (LON:BRK) Upgraded at Shore Capital Group

Key Points

• Shore Capital Group upgraded Brooks Macdonald Group to a buy rating, but the stock traded down about 1.3% to GBX 1,357.50 during mid-day trading.
• Insider Euan Munro bought 26,000 shares at GBX 1,516 (≈£394,160), and corporate insiders now own 9.84% of the company.
• Key fundamentals: market capitalization £209.71m, P/E 13.62 and PEG 0.85; last quarter EPS was GBX 66.10 and analysts forecast roughly GBX 155.19 EPS for the current year.

Brooks Macdonald Group (LON:BRK - Get Free Report) was upgraded by Shore Capital Group to a "buy" rating in a report issued on Tuesday,London Stock Exchange reports.

Brooks Macdonald Group Trading Down 1.3%

Shares of Brooks Macdonald Group stock traded down GBX 17.50 during mid-day trading on Tuesday, hitting GBX 1,357.50. 14,805 shares of the stock were exchanged, compared to its average volume of 23,543. The company has a 50-day simple moving average of GBX 1,574.14 and a 200 day simple moving average of GBX 1,648.48. The company has a current ratio of 71.82, a quick ratio of 2.43 and a debt-to-equity ratio of 18.64. The stock has a market capitalization of £209.71 million, a price-to-earnings ratio of 13.62, a price-to-earnings-growth ratio of 0.85 and a beta of 0.65. Brooks Macdonald Group has a twelve month low of GBX 1,325 and a twelve month high of GBX 1,880.

Brooks Macdonald Group (LON:BRK - Get Free Report) last announced its earnings results on Tuesday, February 24th. The company reported GBX 66.10 earnings per share (EPS) for the quarter. Brooks Macdonald Group had a net margin of 5.71% and a return on equity of 4.43%. Research analysts forecast that Brooks Macdonald Group will post 155.186722 EPS for the current year.

Insider Activity at Brooks Macdonald Group

In other Brooks Macdonald Group news, insider Euan Munro bought 26,000 shares of the company's stock in a transaction that occurred on Friday, March 13th. The stock was purchased at an average cost of GBX 1,516 per share, for a total transaction of £394,160. 9.84% of the stock is currently owned by corporate insiders.

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. The company offers financial planning advisory services to high-net-worth individuals and families; and multi-asset and specialist fund products to the retail sector, as well as investment options.

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