Brooks Macdonald Group (LON:BRK) Given “Buy” Rating at Berenberg Bank

Brooks Macdonald Group (LON:BRK)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research note issued on Thursday, Digital Look reports. They currently have a GBX 1,780 price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 20.27% from the company’s previous close.

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 1,600 target price on shares of Brooks Macdonald Group in a research report on Tuesday, September 22nd. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,710.

Brooks Macdonald Group Stock Down 1.0%

Brooks Macdonald Group stock traded down GBX 15 during trading hours on Thursday, hitting GBX 1,480. 148,570 shares of the stock traded hands, compared to its average volume of 30,121. The firm’s 50-day moving average price is GBX 1,495.16 and its two-hundred day moving average price is GBX 1,411.61. The company has a current ratio of 51.25, a quick ratio of 2.43 and a debt-to-equity ratio of 9.86. The company has a market cap of £234.98 million, a PE ratio of 98.01, a PEG ratio of 0.85 and a beta of 0.81. Brooks Macdonald Group has a one year low of GBX 1,240 and a one year high of GBX 1,800.

Brooks Macdonald Group (LON:BRK) last released its 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%. On average, research analysts forecast that Brooks Macdonald Group will post 155.19 EPS for the current year.

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.