Brooks Macdonald Group (LON:BRK) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Brooks Macdonald Group plc (LON:BRK) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,441.43 and traded as high as GBX 1,450. Brooks Macdonald Group shares last traded at GBX 1,440, with a volume of 2,212 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on BRK shares. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 1,750 price target on shares of Brooks Macdonald Group in a research note on Thursday, April 16th. Berenberg Bank restated a “buy” rating and issued a GBX 1,600 price objective on shares of Brooks Macdonald Group in a report on Friday, July 3rd. Finally, 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 report on Tuesday, July 14th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,650.

Brooks Macdonald Group Stock Performance

The company has a debt-to-equity ratio of 18.64, a quick ratio of 2.43 and a current ratio of 71.82. The stock has a market cap of £217.04 million, a PE ratio of 14.09, a P/E/G ratio of 0.85 and a beta of 0.77. The business’s fifty day moving average price is GBX 1,338.72 and its 200-day moving average price is GBX 1,441.43.

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.