Royal Bank Of Canada Reaffirms Sector Perform Rating for Brooks Macdonald Group (LON:BRK)

Brooks Macdonald Group (LON:BRK)‘s stock had its “sector perform” rating reissued by research analysts at Royal Bank Of Canada in a research note issued to investors on Tuesday,London Stock Exchange reports. They currently have a GBX 1,600 price target on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 20.85% from the company’s previous close.

Several other equities analysts have also recently issued reports on the stock. Shore Capital Group reissued a “buy” rating and issued a GBX 1,750 price objective on shares of Brooks Macdonald Group in a research note on Thursday, April 16th. Berenberg Bank restated a “buy” rating and issued a GBX 1,600 target price on shares of Brooks Macdonald Group in a research note on Friday, July 3rd. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Brooks Macdonald Group has an average rating of “Moderate Buy” and an average target price of GBX 1,650.

Brooks Macdonald Group Price Performance

Brooks Macdonald Group stock opened at GBX 1,324 on Tuesday. The company has a debt-to-equity ratio of 18.64, a current ratio of 71.82 and a quick ratio of 2.43. The business has a 50 day simple moving average of GBX 1,337.32 and a 200-day simple moving average of GBX 1,468.67. Brooks Macdonald Group has a 12 month low of GBX 1,240 and a 12 month high of GBX 1,880. The stock has a market capitalization of £204.53 million, a PE ratio of 13.28, a price-to-earnings-growth ratio of 0.85 and a beta of 0.77.

Insider Transactions at Brooks Macdonald Group

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

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.