Brewin Dolphin’s (BRW) Hold Rating Reiterated at Shore Capital

Brewin Dolphin (LON:BRW – Get Rating)‘s stock had its “hold” rating restated by research analysts at Shore Capital in a report released on Wednesday, Marketbeat reports.

Several other analysts have also recently commented on the company. Liberum Capital reiterated a “buy” rating and issued a GBX 430 ($5.30) target price on shares of Brewin Dolphin in a report on Wednesday, January 26th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 400 ($4.93) price objective on shares of Brewin Dolphin in a research note on Thursday, March 31st. Barclays reissued a “suspended” rating on shares of Brewin Dolphin in a research note on Thursday, March 31st. Canaccord Genuity Group upped their price target on shares of Brewin Dolphin from GBX 379 ($4.67) to GBX 425 ($5.24) and gave the company a “buy” rating in a research report on Friday, January 28th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 400 ($4.93) price objective on shares of Brewin Dolphin in a research report on Thursday, March 24th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 417 ($5.14).

Shares of BRW opened at GBX 513 ($6.32) on Wednesday. The company has a market capitalization of £1.56 billion and a PE ratio of 28.09. The stock’s 50-day moving average price is GBX 423.18 and its two-hundred day moving average price is GBX 374. The company has a current ratio of 1.60, a quick ratio of 1.57 and a debt-to-equity ratio of 13.25. Brewin Dolphin has a 12 month low of GBX 250.50 ($3.09) and a 12 month high of GBX 527 ($6.50).

In other Brewin Dolphin news, insider Siobhan Boylan sold 15,224 shares of the firm’s stock in a transaction on Tuesday, March 29th. The shares were sold at an average price of GBX 318 ($3.92), for a total value of £48,412.32 ($59,687.24).

Brewin Dolphin Company Profile (Get Rating)

Brewin Dolphin Holdings PLC, together with its subsidiaries, provides wealth management services in the United Kingdom, the Channel Islands, and the Republic of Ireland. It also offers discretionary investment management, advisory investment management, Brewin portfolio services, model portfolio service, managed portfolio, investment fund management, execution, and financial planning and investment management services, as well as expert witness report services.

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