Brooks Macdonald Group (LON:BRK) Earns “Buy” Rating from Shore Capital

Shore Capital restated their buy rating on shares of Brooks Macdonald Group (LON:BRK) in a research note issued to investors on Wednesday, MarketBeat.com reports.

Brooks Macdonald Group Price Performance

Shares of LON:BRK opened at GBX 1,835.40 ($22.85) on Wednesday. The stock has a market cap of £301.74 million, a price-to-earnings ratio of 4,476.59, a PEG ratio of 0.85 and a beta of 0.72. Brooks Macdonald Group has a 12 month low of GBX 1,425.90 ($17.75) and a 12 month high of GBX 2,300 ($28.63). The stock’s 50 day moving average price is GBX 1,769.10 and its 200 day moving average price is GBX 1,804.13. The company has a debt-to-equity ratio of 3.16, a current ratio of 3.60 and a quick ratio of 2.43.

Brooks Macdonald Group Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 16th. Shareholders of record on Thursday, March 14th were issued a GBX 29 ($0.36) dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a dividend yield of 1.76%. Brooks Macdonald Group’s dividend payout ratio is currently 18,536.59%.

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.