Brooks Macdonald Group (LON:BRK) Stock Rating Reaffirmed by Shore Capital

Shore Capital reissued their hold rating on shares of Brooks Macdonald Group (LON:BRK) in a report released on Wednesday, Marketbeat reports.

Separately, Royal Bank of Canada reissued a “sector perform” rating and issued a GBX 2,150 ($28.08) price objective on shares of Brooks Macdonald Group in a report on Monday, September 16th.

Brooks Macdonald Group Price Performance

LON BRK opened at GBX 1,750 ($22.85) on Wednesday. The company has a 50-day moving average price of GBX 1,906.10 and a two-hundred day moving average price of GBX 1,937.70. Brooks Macdonald Group has a 52 week low of GBX 1,559.50 ($20.36) and a 52 week high of GBX 2,150 ($28.08). The stock has a market cap of £280.88 million, a price-to-earnings ratio of 4,487.18, a price-to-earnings-growth ratio of 0.85 and a beta of 0.80. The company has a current ratio of 2.29, a quick ratio of 2.43 and a debt-to-equity ratio of 2.50.

Brooks Macdonald Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, September 19th will be given a GBX 49 ($0.64) dividend. This represents a yield of 2.59%. The ex-dividend date of this dividend is Thursday, September 19th. This is a positive change from Brooks Macdonald Group’s previous dividend of $29.00. Brooks Macdonald Group’s dividend payout ratio is currently 20,000.00%.

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.