Brooks Macdonald Group (LON:BRK) has received an average recommendation of “Buy” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,229.80 ($31.30).
Several research firms have recently issued reports on BRK. Peel Hunt reaffirmed an “add” rating and set a GBX 2,150 ($30.18) price objective on shares of Brooks Macdonald Group in a research report on Wednesday, January 24th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 2,305 ($32.36) price objective on shares of Brooks Macdonald Group in a research report on Wednesday, January 24th. N+1 Singer reiterated a “buy” rating on shares of Brooks Macdonald Group in a research note on Wednesday, January 24th. Numis Securities reiterated a “buy” rating and set a GBX 2,300 ($32.29) price target on shares of Brooks Macdonald Group in a research note on Wednesday, January 24th. Finally, Shore Capital reiterated a “hold” rating on shares of Brooks Macdonald Group in a research note on Tuesday, March 13th.
BRK stock traded down GBX 5 ($0.07) during midday trading on Wednesday, hitting GBX 1,837.50 ($25.79). The company’s stock had a trading volume of 634 shares, compared to its average volume of 4,657. Brooks Macdonald Group has a 52-week low of GBX 1,810 ($25.41) and a 52-week high of GBX 2,582 ($36.24).
Brooks Macdonald Group (LON:BRK) last issued its quarterly earnings results on Tuesday, March 13th. The company reported GBX 47.70 ($0.67) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 47.50 ($0.67) by GBX 0.20 ($0.00). Brooks Macdonald Group had a negative net margin of 1.63% and a negative return on equity of 1.75%. The company had revenue of GBX 4,879 million during the quarter.
The business also recently declared a dividend, which will be paid on Tuesday, April 24th. Investors of record on Thursday, March 22nd will be paid a dividend of GBX 17 ($0.24) per share. The ex-dividend date of this dividend is Thursday, March 22nd. This represents a yield of 0.85%.
In related news, insider Chris A. MacDonald sold 3,744 shares of Brooks Macdonald Group stock in a transaction on Monday, March 26th. The shares were sold at an average price of GBX 1,845 ($25.90), for a total transaction of £69,076.80 ($96,963.50).
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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, charities, professional intermediaries, and trustees in the United Kingdom and internationally. It operates through four segments: Investment Management, Financial Planning, Funds and Property Management, and International.
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