Brooks Macdonald Group plc (BRK) Downgraded by Shore Capital
Brooks Macdonald Group plc (LON:BRK) was downgraded by research analysts at Shore Capital to a “sell” rating in a research note issued on Thursday, August 3rd.
A number of other brokerages have also weighed in on BRK. Peel Hunt lowered shares of Brooks Macdonald Group plc to a “hold” rating and reduced their target price for the stock from GBX 2,290 ($29.73) to GBX 2,150 ($27.91) in a research note on Thursday, July 27th. N+1 Singer reaffirmed an “under review” rating on shares of Brooks Macdonald Group plc in a research note on Thursday, July 27th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 2,250 ($29.21) target price on shares of Brooks Macdonald Group plc in a research note on Thursday, July 27th. Finally, Canaccord Genuity upped their target price on shares of Brooks Macdonald Group plc from GBX 2,320 ($30.12) to GBX 2,435 ($31.61) and gave the stock a “buy” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. Brooks Macdonald Group plc currently has an average rating of “Hold” and a consensus price target of GBX 2,210.17 ($28.69).
Shares of Brooks Macdonald Group plc (BRK) opened at 2125.50 on Thursday. Brooks Macdonald Group plc has a 52-week low of GBX 1,650.00 and a 52-week high of GBX 2,582.00. The firm’s market cap is GBX 287.33 million. The company’s 50-day moving average price is GBX 2,318.24 and its 200-day moving average price is GBX 2,191.84.
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About Brooks Macdonald Group plc
Brooks Macdonald Group plc is a United Kingdom-based company, which offers a range of investment management services and related professional advice to private high net worth individuals, charities and trusts. The Company also provides financial planning, as well as offshore fund management and administration services and acts as fund manager to regulated open-ended investment companies (OEICs), providing specialist funds in the property and structured return sectors and managing property assets on behalf of these funds and other clients.
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