Brooks Macdonald Group (LON:BRK) Rating Lowered to “Hold” at Shore Capital

Shore Capital lowered shares of Brooks Macdonald Group (LON:BRK) to a hold rating in a research note released on Wednesday, Marketbeat Ratings reports. The brokerage currently has GBX 1,900 ($25.50) price objective on the stock.

Brooks Macdonald Group Stock Performance

LON:BRK opened at GBX 1,780 ($23.89) on Wednesday. The stock’s 50 day moving average price is GBX 1,645.04 and its 200 day moving average price is GBX 1,534.15. Brooks Macdonald Group has a 52 week low of GBX 1,350 ($18.12) and a 52 week high of GBX 2,080 ($27.92). The company has a market capitalization of £289.34 million, a P/E ratio of 44.73, a P/E/G ratio of 0.85 and a beta of 0.80. The company has a debt-to-equity ratio of 2.50, a quick ratio of 2.43 and a current ratio of 2.29.

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.