Brooks Macdonald Group (LON:BRK) Upgraded to “Buy” at Shore Capital Group

Shore Capital Group upgraded shares of Brooks Macdonald Group (LON:BRK) to a buy rating in a research report sent to investors on Tuesday,London Stock Exchange reports.

Brooks Macdonald Group Stock Performance

Shares of BRK opened at GBX 1,345 on Tuesday. The stock has a fifty day moving average of GBX 1,568.24 and a two-hundred day moving average of GBX 1,645.14. The company has a debt-to-equity ratio of 18.64, a quick ratio of 2.43 and a current ratio of 71.82. The company has a market capitalization of £207.78 million, a PE ratio of 13.49, a price-to-earnings-growth ratio of 0.85 and a beta of 0.65. Brooks Macdonald Group has a fifty-two week low of GBX 1,325 and a fifty-two week high of GBX 1,880.

Brooks Macdonald Group (LON:BRK) last announced its quarterly earnings data on Tuesday, February 24th. The company reported GBX 66.10 earnings per share for the quarter. Brooks Macdonald Group had a net margin of 5.71% and a return on equity of 4.43%. As a group, analysts forecast that Brooks Macdonald Group will post 155.186722 EPS for the current year.

Insider Activity

In other Brooks Macdonald Group news, insider Euan Munro acquired 26,000 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was bought at an average cost of GBX 1,516 per share, for a total transaction of £394,160. Insiders own 9.84% of the company’s stock.

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.