Berenberg Bank Forecasts Strong Price Appreciation for Brooks Macdonald Group (LON:BRK) Stock

Brooks Macdonald Group (LON:BRKGet Free Report) had its price target raised by research analysts at Berenberg Bank from GBX 1,600 to GBX 1,780 in a research report issued to clients and investors on Friday, London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 16.51% from the company’s previous close.

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 research note on Tuesday, July 14th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 1,710.

Read Our Latest Analysis on BRK

Brooks Macdonald Group Trading Down 0.1%

Shares of BRK opened at GBX 1,527.75 on Friday. Brooks Macdonald Group has a twelve month low of GBX 1,240 and a twelve month high of GBX 1,865. The company has a current ratio of 71.82, a quick ratio of 2.43 and a debt-to-equity ratio of 18.64. The firm has a market capitalization of £236.01 million, a P/E ratio of 15.32, a PEG ratio of 0.85 and a beta of 0.78. The firm’s 50-day moving average is GBX 1,387.82 and its two-hundred day moving average is GBX 1,412.06.

Brooks Macdonald Group (LON:BRKGet Free Report) last posted 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 5.71% and a return on equity of 4.43%. On average, research analysts predict that Brooks Macdonald Group will post 155.186722 earnings per share for the current fiscal year.

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Brooks Macdonald Group Company Profile

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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.

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