Brooks Macdonald Group’s (BRK) Buy Rating Reaffirmed at Berenberg Bank

Brooks Macdonald Group (LON:BRK)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a note issued to investors on Thursday, October 15th, Digital Look reports. They currently have a GBX 1,780 target price on the stock. Berenberg Bank‘s price objective points to a potential upside of 22.76% from the stock’s previous close.

Separately, Royal Bank Of Canada reiterated 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 issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,710.

Brooks Macdonald Group Stock Performance

Shares of LON BRK traded down GBX 15 during trading hours on Thursday, reaching GBX 1,450. The stock had a trading volume of 2,086 shares, compared to its average volume of 29,155. Brooks Macdonald Group has a twelve month low of GBX 1,240 and a twelve month high of GBX 1,800. The company has a market cap of £230.22 million, a price-to-earnings ratio of 96.03, a PEG ratio of 0.85 and a beta of 0.81. 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 business’s fifty day moving average is GBX 1,500.76 and its two-hundred day moving average is GBX 1,414.92.

Brooks Macdonald Group (LON:BRK) last posted its quarterly 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%. As a group, research analysts expect 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.