Shore Capital reaffirmed their buy rating on shares of Brooks Macdonald Group (LON:BRK) in a research report report published on Monday morning, Digital Look reports. They currently have a GBX 2,550 ($33.32) price objective on the stock, up from their prior price objective of GBX 2,300 ($30.05).
Several other research analysts have also issued reports on the stock. Peel Hunt restated a buy rating on shares of Brooks Macdonald Group in a research report on Monday, November 25th. Royal Bank of Canada reiterated a sector performer rating and set a GBX 2,020 ($26.39) price objective (up previously from GBX 1,985 ($25.94)) on shares of Brooks Macdonald Group in a research report on Thursday, October 31st. Finally, Liberum Capital reissued a buy rating and set a GBX 2,490 ($32.54) price objective on shares of Brooks Macdonald Group in a research note on Thursday, October 24th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Brooks Macdonald Group currently has a consensus rating of Buy and an average target price of GBX 2,310 ($30.18).
BRK stock opened at GBX 1,840 ($24.04) on Monday. The firm has a market cap of $288.12 million and a PE ratio of 44.12. Brooks Macdonald Group has a 12 month low of GBX 1,350 ($17.64) and a 12 month high of GBX 2,190 ($28.62). The firm has a 50 day simple moving average of GBX 1,907.60 and a 200 day simple moving average of GBX 1,938.34.
The business also recently disclosed a dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, September 26th were issued a dividend of GBX 32 ($0.42) per share. This represents a yield of 1.61%. The ex-dividend date was Thursday, September 26th. This is an increase from Brooks Macdonald Group’s previous dividend of $19.00. Brooks Macdonald Group’s payout ratio is presently 1.22%.
In other Brooks Macdonald Group news, insider Richard Spencer sold 19,750 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of GBX 1,775 ($23.19), for a total value of £350,562.50 ($458,072.00).
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, charities, professional intermediaries, and trustees in the United Kingdom and internationally. It operates through Investment Management, Financial Planning, and International segments.
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