Brooks Macdonald Group (LON:BRK) Shares Cross Below 200-Day Moving Average – What’s Next?

Shares of Brooks Macdonald Group plc (LON:BRK) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,729.93 and traded as low as GBX 1,580. Brooks Macdonald Group shares last traded at GBX 1,580, with a volume of 599 shares trading hands.

Wall Street Analysts Forecast Growth

BRK has been the subject of several recent research reports. Shore Capital restated a “hold” rating on shares of Brooks Macdonald Group in a research report on Thursday, September 4th. Royal Bank Of Canada reduced their target price on shares of Brooks Macdonald Group from GBX 1,900 to GBX 1,850 and set a “sector perform” rating for the company in a research note on Thursday, October 16th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, Brooks Macdonald Group has a consensus rating of “Hold” and an average price target of GBX 1,875.

Brooks Macdonald Group Stock Up 0.3%

The company has a debt-to-equity ratio of 2.50, a quick ratio of 2.43 and a current ratio of 2.29. The company has a market cap of £243.95 million, a P/E ratio of 12.27, a P/E/G ratio of 0.85 and a beta of 0.80. The stock has a 50 day moving average price of GBX 1,663.02 and a 200 day moving average price of GBX 1,729.93.

Brooks Macdonald Group Company Profile

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. The company offers financial planning advisory services to high-net-worth individuals and families; and multi-asset and specialist fund products to the retail sector, as well as investment options.