Shore Capital Reaffirms “Buy” Rating for Brooks Macdonald Group (LON:BRK)

Shore Capital restated their buy rating on shares of Brooks Macdonald Group (LON:BRK) in a report released on Wednesday, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reissued a buy rating on shares of Brooks Macdonald Group in a research note on Wednesday.

The firm has a 50 day moving average price of GBX 1,524.15 and a 200-day moving average price of GBX 1,783.55. Brooks Macdonald Group has a 1-year low of GBX 1,255.45 ($15.98) and a 1-year high of GBX 2,350 ($29.91). The company has a current ratio of 4.30, a quick ratio of 4.29 and a debt-to-equity ratio of 7.41. The company has a market cap of $271.34 million and a price-to-earnings ratio of 18.07.

In related news, insider Caroline Connellan sold 3,507 shares of the stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of GBX 1,650 ($21.00), for a total value of £57,865.50 ($73,648.34).

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, charities, professional intermediaries, and trustees in the United Kingdom and internationally. It operates through Investment Management, Financial Planning, and International segments.

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