Brooks Macdonald Group (LON:BRK) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Brooks Macdonald Group plc (LON:BRK) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,441.43 and traded as high as GBX 1,450. Brooks Macdonald Group shares last traded at GBX 1,440, with a volume of 2,212 shares trading hands.

Analyst Ratings Changes

A number of brokerages have commented on BRK. Shore Capital Group reiterated a “buy” rating and issued a GBX 1,750 price objective on shares of Brooks Macdonald Group in a report on Thursday, April 16th. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 1,600 price objective on shares of Brooks Macdonald Group in a research report on Tuesday, July 14th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,600 target price on shares of Brooks Macdonald Group in a research report on Friday, July 3rd. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,650.

Brooks Macdonald Group Stock Performance

The company has a market capitalization of £218.59 million, a PE ratio of 14.19, 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. The company has a 50 day moving average price of GBX 1,340.02 and a 200 day moving average price of GBX 1,441.24.

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.