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 analysts at Berenberg Bank in a report released on Thursday, Digital Look reports. They currently have a GBX 1,780 target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 18.54% from the stock’s previous close.

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

Brooks Macdonald Group Stock Performance

BRK stock opened at GBX 1,501.60 on Thursday. The company has a market cap of £238.41 million, a P/E ratio of 99.44, a price-to-earnings-growth ratio of 0.85 and a beta of 0.81. Brooks Macdonald Group has a 1 year low of GBX 1,240 and a 1 year high of GBX 1,800. The company has a debt-to-equity ratio of 9.86, a current ratio of 51.25 and a quick ratio of 2.43. The stock’s fifty day moving average price is GBX 1,494.36 and its 200-day moving average price is GBX 1,410.84.

Brooks Macdonald Group (LON:BRK) last announced its earnings results on Thursday, September 3rd. The company reported GBX 140.80 earnings per share (EPS) for the quarter. Brooks Macdonald Group had a net margin of 2.05% and a return on equity of 1.65%. On average, equities analysts forecast that Brooks Macdonald Group will post 155.19 earnings per share for the current year.

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.