Brooks Macdonald Group (LON:BRK) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Brooks Macdonald Group plc (LON:BRK) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,726.28 and traded as low as GBX 1,610. Brooks Macdonald Group shares last traded at GBX 1,646.63, with a volume of 13,917 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BRK shares. Shore Capital reissued a “hold” rating on shares of Brooks Macdonald Group in a research report on Thursday, September 4th. Royal Bank Of Canada dropped their price objective on 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 research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 1,875.

Brooks Macdonald Group Trading Down 2.3%

The stock has a market cap of £254.24 million, a PE ratio of 12.78, a PEG ratio of 0.85 and a beta of 0.80. The company has a debt-to-equity ratio of 2.50, a current ratio of 2.29 and a quick ratio of 2.43. The company’s fifty day moving average is GBX 1,715.72 and its 200-day moving average is GBX 1,726.28.

Brooks Macdonald Group (LON:BRK) last released its earnings results on Thursday, September 4th. The company reported GBX 72 EPS for the quarter. Brooks Macdonald Group had a return on equity of 4.30% and a net margin of 5.03%. On average, analysts predict that Brooks Macdonald Group plc will post 155.186722 earnings per share for the current fiscal year.

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.