Berenberg Bank Reaffirms “Buy” Rating for Brooks Macdonald Group (LON:BRK)
by Sarita Garza · The Markets DailyBrooks Macdonald Group (LON:BRK – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Berenberg Bank in a report issued on Thursday, Digital Look reports. They presently have a GBX 1,780 price target on the stock. Berenberg Bank’s price objective points to a potential upside of 18.54% from the stock’s current price.
Separately, Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 1,600 target price on shares of Brooks Macdonald Group in a research note on Tuesday, September 22nd. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 1,710.
Read Our Latest Stock Report on Brooks Macdonald Group
Brooks Macdonald Group Trading Up 0.4%
Brooks Macdonald Group stock opened at GBX 1,501.60 on Thursday. Brooks Macdonald Group has a 12 month low of GBX 1,240 and a 12 month high of GBX 1,800. The company has a market capitalization of £238.41 million, a price-to-earnings ratio of 99.44, a price-to-earnings-growth ratio of 0.85 and a beta of 0.81. The business’s fifty day simple moving average is GBX 1,494.36 and its two-hundred day simple moving average is GBX 1,410.84. The company has a current ratio of 51.25, a quick ratio of 2.43 and a debt-to-equity ratio of 9.86.
Brooks Macdonald Group (LON:BRK – Get Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The company reported GBX 140.80 earnings per share for the quarter. Brooks Macdonald Group had a return on equity of 1.65% and a net margin of 2.05%. As a group, equities analysts predict that Brooks Macdonald Group will post 155.19 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. 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.