Brewin Dolphin Holdings plc (BRW) Earns “Neutral” Rating from Macquarie
Brewin Dolphin Holdings plc (LON:BRW)‘s stock had its “neutral” rating reaffirmed by research analysts at Macquarie in a research report issued on Monday. They presently have a GBX 267 ($3.30) target price on the stock. Macquarie’s price target would suggest a potential upside of 0.79% from the company’s previous close.
A number of other research analysts also recently weighed in on the company. Royal Bank Of Canada increased their target price on Brewin Dolphin Holdings plc from GBX 275 ($3.40) to GBX 310 ($3.84) and gave the company an “outperform” rating in a report on Thursday, October 6th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 265 ($3.28) price objective on shares of Brewin Dolphin Holdings plc in a research note on Wednesday, October 5th. Peel Hunt raised their price objective on Brewin Dolphin Holdings plc from GBX 275 ($3.40) to GBX 305 ($3.77) and gave the stock an “add” rating in a research note on Tuesday, October 4th. Shore Capital reaffirmed a “buy” rating on shares of Brewin Dolphin Holdings plc in a research note on Wednesday, July 27th. Finally, Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 260 ($3.22) price objective on shares of Brewin Dolphin Holdings plc in a research note on Wednesday, July 27th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 292.78 ($3.62).
Shares of Brewin Dolphin Holdings plc (LON:BRW) opened at 265.70 on Monday. Brewin Dolphin Holdings plc has a 52 week low of GBX 150.00 and a 52 week high of GBX 319.30. The stock’s market cap is GBX 719.86 million. The firm has a 50-day moving average price of GBX 270.75 and a 200 day moving average price of GBX 259.65.
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In other news, insider Andrew Westenberger purchased 25,000 shares of the business’s stock in a transaction on Friday, September 30th. The stock was acquired at an average price of GBX 263 ($3.25) per share, for a total transaction of £65,750 ($81,373.76). Also, insider David Richardson Nicol purchased 10,000 shares of the business’s stock in a transaction on Wednesday, September 28th. The shares were purchased at an average price of GBX 270 ($3.34) per share, with a total value of £27,000 ($33,415.84).
Brewin Dolphin Holdings plc Company Profile
Brewin Dolphin Holdings PLC is a United Kingdom-based provider of wealth management services. The Company provides a range of investment management and financial advice services in the United Kingdom, Channel Islands and the Republic of Ireland. The Company’s services include financial planning, which include advice on investment, protection or retirement requirements; managed portfolio service (MPS), which is provided for financial advisors; Brewin portfolio service (BPS); advisory, which is provided either as Advisory Managed or Dealing with Advice, and custody, trade execution and settlement services.
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