Brooks Macdonald Group (LON:BRK) Stock Rating Reaffirmed as Buy by Berenberg Bank

Brooks Macdonald Group (LON:BRK)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research note issued to investors on Thursday, Digital Look reports. They currently have a GBX 1,780 price target on the stock. Berenberg Bank’s target price would indicate a potential upside of 18.67% from the stock’s current price.

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

Brooks Macdonald Group Price Performance

Shares of Brooks Macdonald Group stock traded up GBX 20 during midday trading on Thursday, reaching GBX 1,500. The company had a trading volume of 18,567 shares, compared to its average volume of 29,421. 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 capitalization of £238.16 million, a price-to-earnings ratio of 99.34, a price-to-earnings-growth ratio of 0.85 and a beta of 0.81. The stock has a fifty day simple moving average of GBX 1,496.86 and a 200 day simple moving average of GBX 1,412.23. Brooks Macdonald Group has a 1-year low of GBX 1,240 and a 1-year high of GBX 1,800.

Brooks Macdonald Group (LON:BRK) last posted its quarterly earnings data on Thursday, September 3rd. The company reported GBX 140.80 earnings per share (EPS) for the quarter. Brooks Macdonald Group had a return on equity of 1.65% and a net margin of 2.05%. As a group, equities research analysts forecast that Brooks Macdonald Group will post 155.19 earnings per share 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.