Brooks Macdonald Group (LON:BRK) Stock Crosses Below 200 Day Moving Average – What’s Next?

Brooks Macdonald Group plc (LON:BRKGet Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,726.28 and traded as low as GBX 1,610. Brooks Macdonald Group shares last traded at GBX 1,646.63, with a volume of 13,917 shares traded.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Shore Capital reissued a “hold” rating on shares of Brooks Macdonald Group in a research report on Thursday, September 4th. Royal Bank Of Canada cut their target price on Brooks Macdonald Group from GBX 1,900 to GBX 1,850 and set a “sector perform” rating on the stock in a research report on Thursday, October 16th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Brooks Macdonald Group presently has an average rating of “Hold” and a consensus price target of GBX 1,875.

Read Our Latest Stock Analysis on BRK

Brooks Macdonald Group Price Performance

The company has a market cap of £254.24 million, a price-to-earnings ratio of 12.78, a PEG ratio of 0.85 and a beta of 0.80. The company’s 50 day moving average price is GBX 1,715.72 and its 200 day moving average price is GBX 1,726.28. The company has a current ratio of 2.29, a quick ratio of 2.43 and a debt-to-equity ratio of 2.50.

Brooks Macdonald Group (LON:BRKGet Free Report) last posted its quarterly earnings results on Thursday, September 4th. The company reported GBX 72 earnings per share (EPS) for the quarter. Brooks Macdonald Group had a net margin of 5.03% and a return on equity of 4.30%. Equities research analysts forecast that Brooks Macdonald Group plc will post 155.186722 earnings per share for the current year.

About Brooks Macdonald Group

(Get Free Report)

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International.

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