Royal Bank of Canada Reiterates Sector perform Rating for Brooks Macdonald Group (LON:BRK)

Royal Bank of Canada reaffirmed their sector perform rating on shares of Brooks Macdonald Group (LON:BRK) in a research report report published on Monday morning, MarketBeat Ratings reports. They currently have a GBX 2,150 ($28.40) target price on the stock.

Separately, Shore Capital reiterated a hold rating on shares of Brooks Macdonald Group in a report on Wednesday, July 17th.

Brooks Macdonald Group Trading Down 0.6 %

Brooks Macdonald Group stock opened at GBX 1,780 ($23.51) on Monday. The business’s 50-day simple moving average is GBX 1,978.20 and its 200-day simple moving average is GBX 1,922.26. Brooks Macdonald Group has a 52 week low of GBX 1,425.90 ($18.84) and a 52 week high of GBX 2,150 ($28.40). The firm has a market capitalization of £284.27 million, a PE ratio of 4,564.10, a PEG ratio of 0.85 and a beta of 0.80. The company has a debt-to-equity ratio of 3.16, a quick ratio of 2.43 and a current ratio of 3.60.

Brooks Macdonald Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, September 19th will be given a GBX 49 ($0.65) dividend. This represents a yield of 2.59%. This is a positive change from Brooks Macdonald Group’s previous dividend of $29.00. The ex-dividend date of this dividend is Thursday, September 19th. Brooks Macdonald Group’s dividend payout ratio (DPR) is currently 19,487.18%.

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.