Liberum Capital Reiterates Hold Rating for Brooks Macdonald Group plc (BRK)
Brooks Macdonald Group plc (LON:BRK)‘s stock had its “hold” rating reiterated by analysts at Liberum Capital in a report released on Wednesday. They presently have a GBX 2,051 ($26.77) target price on the stock. Liberum Capital’s price objective would suggest a potential upside of 4.38% from the company’s current price.
Several other equities analysts have also weighed in on the stock. Numis Securities Ltd reiterated an “add” rating and set a GBX 2,030 ($26.50) price objective on shares of Brooks Macdonald Group plc in a report on Tuesday, July 12th. Peel Hunt restated a “buy” rating and issued a GBX 2,100 ($27.41) target price on shares of Brooks Macdonald Group plc in a report on Wednesday. Canaccord Genuity lowered their target price on shares of Brooks Macdonald Group plc from GBX 2,070 ($27.02) to GBX 2,010 ($26.24) and set a “hold” rating on the stock 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 issued a buy rating to the company’s stock. The stock currently 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 0.56% during midday trading on Wednesday, hitting GBX 1965.00. The stock had a trading volume of 5,745 shares. Brooks Macdonald Group plc has a 52 week low of GBX 1,400.00 and a 52 week high of GBX 2,075.00. The stock’s 50-day moving average price is GBX 1,979.18 and its 200 day moving average price is GBX 1,805.80. The company’s market cap is GBX 265.37 million.
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The firm also recently announced a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, September 29th will be issued a GBX 23 ($0.30) dividend. This represents a dividend yield of 1.19%. The ex-dividend date of this dividend 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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