Brooks Macdonald Group (LON:BRK) Stock Rating Reaffirmed by Peel Hunt

Brooks Macdonald Group (LON:BRK)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a report released on Monday, ThisIsMoney.Co.Uk reports.

A number of other brokerages have also recently issued reports on BRK. Numis Securities reiterated an “add” rating and set a GBX 2,000 ($26.13) target price on shares of Brooks Macdonald Group in a research report on Thursday, April 25th. Royal Bank of Canada reiterated a “buy” rating on shares of PrairieSky Royalty in a research report on Friday, May 24th. Finally, Shore Capital reiterated a “buy” rating on shares of Barclays in a research report on Thursday, April 25th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Brooks Macdonald Group presently has a consensus rating of “Buy” and a consensus target price of GBX 2,145 ($28.03).

LON:BRK opened at GBX 1,965 ($25.68) on Monday. The stock’s 50-day simple moving average is GBX 1,958.84. The company has a market cap of $274.12 million and a P/E ratio of 59.19. Brooks Macdonald Group has a 52 week low of GBX 1,350 ($17.64) and a 52 week high of GBX 2,200 ($28.75).

In related news, insider Caroline Connellan sold 1,015 shares of the stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of GBX 1,955 ($25.55), for a total transaction of £19,843.25 ($25,928.72). Also, insider Richard Spencer sold 1,258 shares of the stock in a transaction dated Friday, May 17th. The stock was sold at an average price of GBX 1,952 ($25.51), for a total transaction of £24,556.16 ($32,086.97).

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.

Further Reading: Derivative

Analyst Recommendations for Brooks Macdonald Group (LON:BRK)

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