Brewin Dolphin Holdings plc (BRW) Receives Average Rating of “Buy” from Brokerages

Brewin Dolphin Holdings plc (LON:BRW) has received an average recommendation of “Buy” from the eight analysts that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 374.29 ($5.08).

Several analysts recently issued reports on BRW shares. Barclays reissued an “overweight” rating and set a GBX 400 ($5.42) target price on shares of Brewin Dolphin in a research note on Monday, September 25th. Liberum Capital lifted their target price on Brewin Dolphin from GBX 397 ($5.38) to GBX 416 ($5.64) and gave the company a “buy” rating in a research note on Wednesday, November 29th. Numis Securities reissued a “hold” rating and set a GBX 320 ($4.34) target price on shares of Brewin Dolphin in a research note on Wednesday, November 29th. Canaccord Genuity lifted their target price on Brewin Dolphin from GBX 335 ($4.54) to GBX 365 ($4.95) and gave the company a “hold” rating in a research note on Friday, December 22nd. Finally, Peel Hunt reissued a “buy” rating and set a GBX 390 ($5.29) target price on shares of Brewin Dolphin in a research note on Wednesday, November 29th.

Shares of Brewin Dolphin (LON:BRW) traded up GBX 1.95 ($0.03) on Friday, reaching GBX 381.95 ($5.18). The company had a trading volume of 1,150,000 shares, compared to its average volume of 609,919. The company has a market cap of $1,080.00 and a P/E ratio of 2,387.19. Brewin Dolphin has a 52 week low of GBX 297.50 ($4.03) and a 52 week high of GBX 399.40 ($5.42).

The company also recently declared a dividend, which will be paid on Wednesday, February 7th. Shareholders of record on Thursday, January 11th will be issued a dividend of GBX 10.75 ($0.15) per share. This represents a yield of 2.97%. The ex-dividend date of this dividend is Thursday, January 11th. This is a boost from Brewin Dolphin’s previous dividend of $4.25.

In other Brewin Dolphin news, insider David Richardson Nicol sold 23,884 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of GBX 386 ($5.23), for a total transaction of £92,192.24 ($125,023.38).

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Brewin Dolphin Company Profile

Brewin Dolphin Holdings PLC is a United Kingdom-based company, which is a provider of wealth management services. The Company offers personalized wealth management services. The Company focuses on core services of discretionary investment management and financial advices, coupled with improving operational efficiency.

Analyst Recommendations for Brewin Dolphin (LON:BRW)

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