Brooks Macdonald Group (LON:BRK) Sets New 52-Week Low – Here’s What Happened

Brooks Macdonald Group plc (LON:BRK) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 1,550 ($19.62) and last traded at GBX 1,560 ($19.74), with a volume of 8722 shares trading hands. The stock had previously closed at GBX 1,620 ($20.50).

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a GBX 2,150 ($27.21) target price on shares of Brooks Macdonald Group in a research report on Monday, September 16th. Shore Capital restated a “hold” rating on shares of Brooks Macdonald Group in a research note on Wednesday, October 16th.

Brooks Macdonald Group Trading Down 3.7 %

The firm has a market cap of £250.38 million, a P/E ratio of 4,153.85, a P/E/G ratio of 0.85 and a beta of 0.80. The business’s 50-day moving average is GBX 1,736.03 and its two-hundred day moving average is GBX 1,898.86. The company has a current ratio of 2.29, a quick ratio of 2.43 and a debt-to-equity ratio of 2.50.

Brooks Macdonald Group Increases Dividend

The business also recently declared a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, September 19th were issued a GBX 49 ($0.62) dividend. This is an increase from Brooks Macdonald Group’s previous dividend of $29.00. The ex-dividend date of this dividend was Thursday, September 19th. This represents a dividend yield of 2.59%. Brooks Macdonald Group’s dividend payout ratio (DPR) is 20,000.00%.

About Brooks Macdonald Group

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.