Shore Capital Reaffirms Hold Rating for Brooks Macdonald Group (LON:BRK)

Shore Capital reaffirmed their hold rating on shares of Brooks Macdonald Group (LON:BRK) in a research note published on Wednesday morning, MarketBeat.com reports.

Separately, Royal Bank of Canada restated a “sector perform” rating and set a GBX 2,150 ($28.08) price objective on shares of Brooks Macdonald Group in a research report on Monday, September 16th.

Brooks Macdonald Group Stock Performance

Shares of BRK stock opened at GBX 1,750 ($22.85) on Wednesday. The stock has a 50-day simple moving average of GBX 1,906.10 and a 200 day simple moving average of GBX 1,937.70. The stock has a market capitalization of £280.88 million, a P/E ratio of 4,487.18, a P/E/G ratio of 0.85 and a beta of 0.80. Brooks Macdonald Group has a fifty-two week low of GBX 1,559.50 ($20.36) and a fifty-two week high of GBX 2,150 ($28.08). The company has a quick ratio of 2.43, a current ratio of 2.29 and a debt-to-equity ratio of 2.50.

Brooks Macdonald Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, September 19th will be given a dividend of GBX 49 ($0.64) per share. This represents a dividend yield of 2.59%. The ex-dividend date is Thursday, September 19th. This is an increase from Brooks Macdonald Group’s previous dividend of $29.00. Brooks Macdonald Group’s dividend payout ratio is 20,000.00%.

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.