Brooks Macdonald Group plc’s (BRK) “Buy” Rating Reiterated at Peel Hunt
Brooks Macdonald Group plc (LON:BRK)‘s stock had its “buy” rating reiterated by Peel Hunt in a report released on Wednesday. They presently have a GBX 2,100 ($27.41) price objective on the stock. Peel Hunt’s price objective would indicate a potential upside of 8.25% from the stock’s current price.
A number of other analysts have also weighed in on the company. Numis Securities Ltd restated an “add” rating and set a GBX 2,030 ($26.50) target price on shares of Brooks Macdonald Group plc in a report on Tuesday, July 12th. Liberum Capital restated a “hold” rating and set a GBX 2,051 ($26.77) target price (down previously from GBX 2,061 ($26.90)) on shares of Brooks Macdonald Group plc in a report on Wednesday, September 14th. Canaccord Genuity lowered their target price on Brooks Macdonald Group plc from GBX 2,070 ($27.02) to GBX 2,010 ($26.24) and set a “hold” rating for the company in a report on Tuesday, August 23rd. Finally, Shore Capital restated a “hold” rating on shares of Brooks Macdonald Group plc in a report on Wednesday, July 27th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 2,065.25 ($26.96).
Shares of Brooks Macdonald Group plc (LON:BRK) traded down 2.17% during mid-day trading on Wednesday, hitting GBX 1940.00. The company had a trading volume of 4,804 shares. The company’s market capitalization is GBX 261.53 million. Brooks Macdonald Group plc has a 1-year low of GBX 1,400.00 and a 1-year high of GBX 2,075.00. The company has a 50-day moving average price of GBX 1,971.34 and a 200-day moving average price of GBX 1,803.48.
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The firm also recently disclosed a dividend, which will be paid on Friday, October 28th. Stockholders of record on Thursday, September 29th will be issued a dividend of GBX 23 ($0.30) per share. This represents a dividend yield of 1.19%. The ex-dividend date is Thursday, September 29th. This is a positive change from Brooks Macdonald Group plc’s previous dividend of $12.00.
Brooks Macdonald Group plc Company Profile
Brooks Macdonald Group Plc is a management company offering a range of fee-based bespoke advice and services principally to private high net-worth individuals, charities and trusts. The Company has around six principal companies and operates out of 10 United Kingdom-based offices and two offshore offices in Jersey and Guernsey.
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