Brooks Macdonald Group plc (BRK) Receives Consensus Rating of “Hold” from Brokerages

Shares of Brooks Macdonald Group plc (LON:BRK) have received an average rating of “Hold” from the seven brokerages that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 2,229.80 ($30.24).

A number of analysts recently weighed in on BRK shares. Shore Capital restated a “sell” rating on shares of Brooks Macdonald Group in a research report on Friday, October 6th. Macquarie restated a “neutral” rating and issued a GBX 2,089 ($28.33) target price on shares of Brooks Macdonald Group in a research report on Wednesday, September 27th. Peel Hunt restated a “hold” rating and issued a GBX 2,150 ($29.16) target price on shares of Brooks Macdonald Group in a research report on Thursday, September 21st. Numis Securities restated a “hold” rating and issued a GBX 2,250 ($30.51) target price on shares of Brooks Macdonald Group in a research report on Thursday, September 21st. Finally, Canaccord Genuity restated a “buy” rating and issued a GBX 2,305 ($31.26) target price on shares of Brooks Macdonald Group in a research report on Friday, November 3rd.

Shares of Brooks Macdonald Group (BRK) traded up GBX 47.50 ($0.64) during midday trading on Friday, hitting GBX 1,967.50 ($26.68). The stock had a trading volume of 2,127 shares, compared to its average volume of 1,244. Brooks Macdonald Group has a 52 week low of GBX 1,810 ($24.55) and a 52 week high of GBX 2,582 ($35.01). The stock has a market capitalization of $278.01 and a price-to-earnings ratio of 4,575.58.

In other Brooks Macdonald Group news, insider Nicholas Holmes sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of GBX 1,955 ($26.51), for a total value of £39,100 ($53,024.14). Also, insider Simon Jackson sold 2,067 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of GBX 1,955 ($26.51), for a total value of £40,409.85 ($54,800.45).

TRADEMARK VIOLATION WARNING: This piece of content was first reported by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2018/01/19/brooks-macdonald-group-plc-brk-receives-consensus-rating-of-hold-from-brokerages.html.

About Brooks Macdonald Group

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.

Analyst Recommendations for Brooks Macdonald Group (LON:BRK)

Receive News & Ratings for Brooks Macdonald Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brooks Macdonald Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply