Brooks Macdonald Group’s (BRK) Buy Rating Reiterated at Shore Capital Group

Shore Capital Group restated their buy rating on shares of Brooks Macdonald Group (LON:BRK) in a research note released on Thursday,Digital Look reports. The firm currently has a GBX 1,750 target price on the stock.

Brooks Macdonald Group Stock Up 1.4%

LON BRK opened at GBX 1,450 on Thursday. The stock has a market cap of £224.00 million, a PE ratio of 14.54, a P/E/G ratio of 0.85 and a beta of 0.65. Brooks Macdonald Group has a fifty-two week low of GBX 1,325 and a fifty-two week high of GBX 1,880. The business has a 50 day moving average price of GBX 1,509.84 and a two-hundred day moving average price of GBX 1,610.96. The company has a quick ratio of 2.43, a current ratio of 71.82 and a debt-to-equity ratio of 18.64.

Brooks Macdonald Group (LON:BRK) last released its quarterly earnings results on Tuesday, February 24th. The company reported GBX 66.10 earnings per share for the quarter. Brooks Macdonald Group had a return on equity of 4.43% and a net margin of 5.71%. As a group, sell-side analysts predict that Brooks Macdonald Group will post 155.186722 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Maarten Slendebroek purchased 6,800 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was purchased at an average price of GBX 1,450 per share, for a total transaction of £98,600. Also, insider Euan Munro purchased 26,000 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was bought at an average price of GBX 1,516 per share, with a total value of £394,160. 9.84% of the stock is owned by corporate insiders.

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.