Brooks Macdonald Group (LON:BRK) Receives Hold Rating from Shore Capital

Key Points

• Shore Capital has reiterated a hold rating for Brooks Macdonald Group (BRK) as of Thursday, indicating a cautious outlook on the stock.
• Royal Bank of Canada increased its price target for the stock from GBX 1,650 to GBX 1,750, maintaining a "sector perform" rating.
• Brooks Macdonald Group's shares have seen a decline of 3.0% recently, with the stock currently priced at GBX 1,765.

Brooks Macdonald Group (LON:BRK - Get Free Report)'s stock had its "hold" rating restated by Shore Capital in a research report issued on Thursday, MarketBeat Ratings reports.

Separately, Royal Bank Of Canada lifted 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 research report on Thursday, August 21st. Two 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 a consensus price target of GBX 1,825.

Brooks Macdonald Group Price Performance

Shares of Brooks Macdonald Group stock remained flat at GBX 1,795 on Thursday. The stock had a trading volume of 2,624 shares, compared to its average volume of 83,707. The stock has a market cap of £279.57 million, a PE ratio of 1,497.08, a price-to-earnings-growth ratio of 0.85 and a beta of 0.80. The stock's fifty day moving average is GBX 1,786.70 and its 200-day moving average is GBX 1,607.92. Brooks Macdonald Group has a fifty-two week low of GBX 1,350 and a fifty-two week high of GBX 1,970. The company has a quick ratio of 2.43, a current ratio of 2.29 and a debt-to-equity ratio of 2.50.

Brooks Macdonald Group (LON:BRK - Get Free Report) last issued its earnings results on Thursday, September 4th. The company reported GBX 72 earnings per share for the quarter. Brooks Macdonald Group had a return on equity of 4.30% and a net margin of 5.03%. Research analysts forecast that Brooks Macdonald Group will post 155.186722 EPS for the current 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.