Brooks Macdonald Group (LON:BRK) Hits New 52-Week Low – What’s Next?

Brooks Macdonald Group plc (LON:BRK)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 1,300 and last traded at GBX 1,300, with a volume of 4330 shares changing hands. The stock had previously closed at GBX 1,325.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “buy” rating and issued a GBX 1,750 target price on shares of Brooks Macdonald Group in a research note on Thursday, April 16th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,800.

Brooks Macdonald Group Stock Down 1.9%

The firm’s 50-day simple moving average is GBX 1,387.19 and its 200 day simple moving average is GBX 1,517.16. The company has a market cap of £200.82 million, a P/E ratio of 13.04, a PEG ratio of 0.85 and a beta of 0.77. The company has a debt-to-equity ratio of 18.64, a quick ratio of 2.43 and a current ratio of 71.82.

Insider Activity at Brooks Macdonald Group

In other Brooks Macdonald Group news, insider Maarten Slendebroek bought 6,800 shares of the company’s stock in a transaction on Friday, April 17th. The stock was bought at an average price of GBX 1,450 per share, for a total transaction of £98,600. Insiders own 10.05% of the company’s stock.

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. 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.