Brooks Macdonald Group (LON:BRK) Shares Down 1% – What’s Next?

Brooks Macdonald Group plc (LON:BRK)’s stock price was down 1% during mid-day trading on Thursday. The company traded as low as GBX 1,500 and last traded at GBX 1,500. Approximately 1,813 shares changed hands during trading, a decline of 94% from the average session volume of 29,470 shares. The stock had previously closed at GBX 1,515.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on BRK shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,780 target price on shares of Brooks Macdonald Group in a report on Thursday, October 15th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 1,600 price target on shares of Brooks Macdonald Group in a research report on Tuesday, September 22nd. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,710.

Brooks Macdonald Group Trading Down 1.0%

The business has a 50-day moving average price of GBX 1,508.46 and a two-hundred day moving average price of GBX 1,452.50. The stock has a market capitalization of £238.16 million, a P/E ratio of 99.34, a P/E/G ratio of 0.85 and a beta of 0.81. 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) last released its earnings results on Thursday, September 3rd. The company reported GBX 140.80 earnings per share (EPS) for the quarter. Brooks Macdonald Group had a return on equity of 1.65% and a net margin of 2.05%. On average, analysts expect that Brooks Macdonald Group plc will post 155.19 EPS 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.