Brooks Macdonald Group’s (BRK) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Brooks Macdonald Group (LON:BRK) in a research report sent to investors on Thursday,Digital Look reports. Berenberg Bank currently has a GBX 1,780 target price on the stock.

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 1,600 price objective on shares of Brooks Macdonald Group in a report on Tuesday, September 22nd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,710.

Brooks Macdonald Group Stock Performance

BRK stock opened at GBX 1,500 on Thursday. The company has a debt-to-equity ratio of 9.86, a quick ratio of 2.43 and a current ratio of 51.25. The stock has a market capitalization of £238.16 million, a price-to-earnings ratio of 99.34, a PEG ratio of 0.85 and a beta of 0.81. Brooks Macdonald Group has a 1 year low of GBX 1,240 and a 1 year high of GBX 1,800. The stock’s fifty day moving average is GBX 1,496.86 and its two-hundred day moving average is GBX 1,412.23.

Brooks Macdonald Group (LON:BRK) last announced its quarterly earnings results on Thursday, September 3rd. The company reported GBX 140.80 earnings per share (EPS) for the quarter. Brooks Macdonald Group had a net margin of 2.05% and a return on equity of 1.65%. On average, research analysts predict that Brooks Macdonald Group will post 155.19 EPS for the current year.

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.