Brooks Macdonald Group’s (BRK) “Hold” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their hold rating on shares of Brooks Macdonald Group (LON:BRK) in a research note issued to investors on Tuesday morning, Marketbeat reports.

Separately, Royal Bank of Canada reaffirmed a sector perform rating and issued a GBX 2,150 ($28.14) target price on shares of Brooks Macdonald Group in a research report on Monday, September 16th.

Brooks Macdonald Group Trading Down 1.1 %

LON:BRK opened at GBX 1,780 ($23.30) on Tuesday. The company has a 50-day moving average price of GBX 1,929 and a 200-day moving average price of GBX 1,937.89. Brooks Macdonald Group has a 12 month low of GBX 1,559.50 ($20.41) and a 12 month high of GBX 2,150 ($28.14). The company has a current ratio of 2.29, a quick ratio of 2.43 and a debt-to-equity ratio of 2.50. The stock has a market cap of £285.69 million, a price-to-earnings ratio of 4,564.10, a P/E/G ratio of 0.85 and a beta of 0.80.

Brooks Macdonald Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, September 19th will be given a dividend of GBX 49 ($0.64) per share. This is a boost from Brooks Macdonald Group’s previous dividend of $29.00. This represents a yield of 2.59%. The ex-dividend date of this dividend is Thursday, September 19th. Brooks Macdonald Group’s dividend payout ratio (DPR) 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.