Brooks Macdonald Group (LON:BRK) Stock Falls 1% – Here’s Why

Brooks Macdonald Group plc (LON:BRK – Get Free Report)’s stock price fell 1% during trading on Thursday. The stock traded as low as GBX 1,500 and last traded at GBX 1,500. 1,813 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 29,470 shares. The stock had previously closed at GBX 1,515.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BRK. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 1,600 price target on shares of Brooks Macdonald Group in a report on Tuesday, September 22nd. Berenberg Bank reiterated a “buy” rating and set a GBX 1,780 price target on shares of Brooks Macdonald Group in a research report on Thursday, October 15th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,710.

View Our Latest Analysis on BRK

Brooks Macdonald Group Stock Performance

The stock has a fifty day simple moving average of GBX 1,508.46 and a two-hundred day simple moving average of GBX 1,452.50. The company has a debt-to-equity ratio of 9.86, a quick ratio of 2.43 and a current ratio of 51.25. The stock has a market cap of £238.16 million, a price-to-earnings ratio of 99.34, a P/E/G ratio of 0.85 and a beta of 0.81.

Brooks Macdonald Group (LON:BRK – Get Free Report) last posted its quarterly earnings results on Thursday, September 3rd. The company reported GBX 140.80 EPS for the quarter. Brooks Macdonald Group had a return on equity of 1.65% and a net margin of 2.05%. Analysts expect that Brooks Macdonald Group plc will post 155.19 EPS for the current fiscal year.

Brooks Macdonald Group Company Profile

(Get Free Report)

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.

Further Reading

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