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

Brooks Macdonald Group plc (LON:BRK)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,728.38 and traded as low as GBX 1,590. Brooks Macdonald Group shares last traded at GBX 1,600, with a volume of 25,185 shares.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada cut their target price on shares of 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, the company has a consensus rating of “Hold” and a consensus price target of GBX 1,875.

Brooks Macdonald Group Trading Up 1.6%

The company has a quick ratio of 2.43, a current ratio of 2.29 and a debt-to-equity ratio of 2.50. The company has a market cap of £250.90 million, a price-to-earnings ratio of 12.62, a PEG ratio of 0.85 and a beta of 0.80. The firm has a 50 day moving average price of GBX 1,646.66 and a two-hundred day moving average price of GBX 1,728.38.

About Brooks Macdonald Group

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.