Brooks Macdonald Group’s (BRK) Buy Rating Reaffirmed at Berenberg Bank

Brooks Macdonald Group (LON:BRK)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research note issued on Friday,London Stock Exchange reports. They currently have a GBX 1,600 price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 22.49% from the company’s current price.

Separately, Shore Capital Group reaffirmed a “buy” rating and set a GBX 1,750 price objective on shares of Brooks Macdonald Group in a research report on Thursday, April 16th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,733.33.

Brooks Macdonald Group Trading Up 1.7%

LON BRK opened at GBX 1,306.25 on Friday. Brooks Macdonald Group has a 52 week low of GBX 1,240 and a 52 week high of GBX 1,880. The firm has a 50 day moving average of GBX 1,349.39 and a two-hundred day moving average of GBX 1,482.65. The company has a quick ratio of 2.43, a current ratio of 71.82 and a debt-to-equity ratio of 18.64. The stock has a market capitalization of £201.79 million, a PE ratio of 13.10, a price-to-earnings-growth ratio of 0.85 and a beta of 0.75.

Insider Transactions at Brooks Macdonald Group

In other Brooks Macdonald Group news, insider Maarten Slendebroek acquired 6,800 shares of the company’s stock in a transaction on Friday, April 17th. The shares were bought at an average cost of GBX 1,450 per share, for a total transaction of £98,600. Insiders own 10.05% of the company’s stock.

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.