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

Shore Capital Group reiterated their buy rating on shares of Brooks Macdonald Group (LON:BRK) in a report released on Thursday,Digital Look reports. They currently have a GBX 1,750 price target on the stock.

Brooks Macdonald Group Price Performance

Shares of LON:BRK opened at GBX 1,430 on Thursday. The company has a 50 day moving average of GBX 1,513.54 and a 200 day moving average of GBX 1,614.70. The stock has a market cap of £220.91 million, a P/E ratio of 14.34, a P/E/G ratio of 0.85 and a beta of 0.65. Brooks Macdonald Group has a 12 month low of GBX 1,325 and a 12 month high of GBX 1,880. The company has a current ratio of 71.82, a quick ratio of 2.43 and a debt-to-equity ratio of 18.64.

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

Insider Buying and Selling

In related news, insider Euan Munro purchased 26,000 shares of the business’s stock in a transaction on Friday, March 13th. The stock was acquired at an average price of GBX 1,516 per share, with a total value of £394,160. 9.84% of the stock is currently owned by corporate insiders.

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.