Shore Capital reissued their buy rating on shares of Brooks Macdonald Group (LON:BRK) in a research report released on Thursday morning, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued research reports about the stock. Peel Hunt reiterated a buy rating and set a GBX 2,490 ($32.54) price objective (up previously from GBX 2,350 ($30.71)) on shares of Brooks Macdonald Group in a report on Monday. Royal Bank of Canada started coverage on shares of Brooks Macdonald Group in a report on Friday, May 24th. They set a sector performer rating and a GBX 1,945 ($25.41) price objective on the stock.

Shares of LON BRK traded down GBX 35 ($0.46) during trading on Thursday, hitting GBX 1,952.50 ($25.51). 2,248 shares of the company traded hands, compared to its average volume of 4,657. The business’s fifty day moving average is GBX 1,909.14 and its 200 day moving average is GBX 1,844.22. Brooks Macdonald Group has a fifty-two week low of GBX 1,350 ($17.64) and a fifty-two week high of GBX 2,200 ($28.75). The firm has a market capitalization of $277.66 million and a price-to-earnings ratio of 58.81.

The firm also recently announced a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, September 26th will be given a dividend of GBX 32 ($0.42) per share. The ex-dividend date of this dividend is Thursday, September 26th. This is an increase from Brooks Macdonald Group’s previous dividend of $19.00. This represents a dividend yield of 1.61%. Brooks Macdonald Group’s payout ratio is presently 1.48%.

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.

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