Shore Capital Reiterates “Buy” Rating for Brooks Macdonald Group (LON:BRK)

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

Brooks Macdonald Group Stock Up 4.6 %

LON:BRK opened at GBX 1,880 ($23.40) on Wednesday. The company has a current ratio of 3.60, a quick ratio of 2.43 and a debt-to-equity ratio of 3.16. The stock has a 50 day moving average of GBX 1,771.45 and a 200-day moving average of GBX 1,805.57. The firm has a market capitalization of £309.07 million, a PE ratio of 4,585.37, a price-to-earnings-growth ratio of 0.85 and a beta of 0.72. Brooks Macdonald Group has a 52 week low of GBX 1,425.90 ($17.75) and a 52 week high of GBX 2,300 ($28.63).

Brooks Macdonald Group Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 16th. Shareholders of record on Thursday, March 14th were given a GBX 29 ($0.36) dividend. This represents a yield of 1.76%. The ex-dividend date was Thursday, March 14th. Brooks Macdonald Group’s dividend payout ratio is presently 18,536.59%.

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.