Brooks Macdonald Group plc (BRK) Receives Average Rating of “Buy” from Analysts

Brooks Macdonald Group plc (LON:BRK) has been assigned a consensus recommendation of “Buy” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 2,229.80 ($30.81).

BRK has been the subject of several recent analyst reports. Shore Capital restated a “hold” rating on shares of Brooks Macdonald Group in a research report on Tuesday, December 5th. Numis Securities upgraded shares of Brooks Macdonald Group to an “add” rating and lifted their price target for the company from GBX 2,250 ($31.09) to GBX 2,300 ($31.78) in a research report on Tuesday, October 24th. Canaccord Genuity reiterated a “buy” rating and set a GBX 2,305 ($31.85) price target on shares of Brooks Macdonald Group in a research report on Friday, November 3rd. N+1 Singer reiterated a “buy” rating on shares of Brooks Macdonald Group in a research report on Wednesday, January 24th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 2,150 ($29.70) price target on shares of Brooks Macdonald Group in a research report on Wednesday, January 24th.

Brooks Macdonald Group (BRK) traded down GBX 30 ($0.41) during trading on Tuesday, reaching GBX 2,000 ($27.63). 2,666 shares of the company traded hands, compared to its average volume of 6,471. Brooks Macdonald Group has a 52-week low of GBX 1,810 ($25.01) and a 52-week high of GBX 2,582 ($35.67). The firm has a market capitalization of $276.63 and a PE ratio of 4,651.16.

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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)

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