Brooks Macdonald Group plc Rating Reiterated by Canaccord Genuity (BRK)
Brooks Macdonald Group plc (LON:BRK)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity in a report released on Friday, Stock Ratings Network reports. They currently have a GBX 1,620 ($26.59) target price on the stock. Canaccord Genuity’s price objective would indicate a potential upside of 11.19% from the company’s current price.
Shares of Brooks Macdonald Group plc (LON:BRK) traded up 0.31% during mid-day trading on Friday, hitting GBX 1457.00. 13,899 shares of the company’s stock traded hands. Brooks Macdonald Group plc has a 52-week low of GBX 1140.00 and a 52-week high of GBX 1540.00. The stock’s 50-day moving average is GBX 1467. and its 200-day moving average is GBX 1399..
Separately, analysts at Numis Securities Ltd raised their price target on shares of Brooks Macdonald Group plc from GBX 1,560 ($25.61) to GBX 1,570 ($25.77) in a research note to investors on Friday. They now have a “hold” rating on the stock.
Brooks Macdonald Group plc is an integrated wealth management group, consists of three principal companies: Brooks Macdonald Asset Management Limited; Brooks Macdonald Financial Consulting Limited, which provides a bespoke, fee based, investment management service to private high net worth individuals, charities and trusts, and also provides in-house custody, nominee and dealing services; Brooks Macdonald Funds Limited, which provides fee-based, independent advice to high net worth individuals, families and businesses, and Brooks Macdonald Financial Consulting Limited, which acts as fund manager to its regulated open ended investment Companies, under the name Brooks Macdonald Funds, as well as providing specialist funds in the property and structured return sectors.
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