Brooks Macdonald Group (LON:BRK) Sets New 12-Month Low – Should You Sell?

Brooks Macdonald Group plc (LON:BRK) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 1,325 and last traded at GBX 1,325, with a volume of 2511 shares trading hands. The stock had previously closed at GBX 1,330.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “buy” rating and set a GBX 1,750 price target on shares of Brooks Macdonald Group in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Brooks Macdonald Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,800.

Brooks Macdonald Group Price Performance

The company has a debt-to-equity ratio of 18.64, a current ratio of 71.82 and a quick ratio of 2.43. The stock’s 50 day simple moving average is GBX 1,391.84 and its two-hundred day simple moving average is GBX 1,531.21. The stock has a market cap of £204.69 million, a price-to-earnings ratio of 13.29, a P/E/G ratio of 0.85 and a beta of 0.77.

Insiders Place Their Bets

In related news, insider Euan Munro acquired 26,000 shares of the company’s stock in a transaction on Friday, March 13th. The stock was purchased at an average cost of GBX 1,516 per share, for a total transaction of £394,160. Also, 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 price of GBX 1,450 per share, with a total value of £98,600. 10.05% of the stock is owned by insiders.

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. 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.