Canaccord Genuity Boosts Brooks Macdonald Group plc (BRK) Price Target to GBX 2,435
Brooks Macdonald Group plc (LON:BRK) had its price objective lifted by Canaccord Genuity from GBX 2,320 ($30.22) to GBX 2,435 ($31.72) in a research note issued on Friday. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s target price would indicate a potential upside of 16.12% from the stock’s current price.
A number of other research analysts also recently weighed in on the stock. N+1 Singer restated an “under review” rating on shares of Brooks Macdonald Group plc in a report on Thursday. Numis Securities Ltd restated a “hold” rating and set a GBX 2,250 ($29.31) price target on shares of Brooks Macdonald Group plc in a report on Thursday. Shore Capital downgraded shares of Brooks Macdonald Group plc to a “hold” rating in a report on Thursday. Finally, Peel Hunt downgraded shares of Brooks Macdonald Group plc to a “hold” rating and cut their price target for the company from GBX 2,290 ($29.83) to GBX 2,150 ($28.01) in a report on Thursday. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 2,210.17 ($28.79).
Brooks Macdonald Group plc (LON:BRK) traded down 7.01% during trading on Friday, reaching GBX 2097.00. 1,614 shares of the company’s stock were exchanged. The company’s 50-day moving average is GBX 2,393.31 and its 200-day moving average is GBX 2,185.41. The company’s market capitalization is GBX 283.47 million. Brooks Macdonald Group plc has a 1-year low of GBX 1,650.00 and a 1-year high of GBX 2,580.00.
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About Brooks Macdonald Group plc
Brooks Macdonald Group plc is a United Kingdom-based company, which offers a range of investment management services and related professional advice to private high net worth individuals, charities and trusts. The Company also provides financial planning, as well as offshore fund management and administration services and acts as fund manager to regulated open-ended investment companies (OEICs), providing specialist funds in the property and structured return sectors and managing property assets on behalf of these funds and other clients.
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