Brooks Macdonald Group (LON:BRK) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Brooks Macdonald Group plc (LON:BRK)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,647.23 ($20.67) and traded as high as GBX 1,675 ($21.02). Brooks Macdonald Group shares last traded at GBX 1,660 ($20.83), with a volume of 8,892 shares traded.

Analysts Set New Price Targets

BRK has been the topic of several research analyst reports. Shore Capital reiterated a “hold” rating on shares of Brooks Macdonald Group in a report on Wednesday, October 16th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a GBX 2,150 ($26.98) price target on shares of Brooks Macdonald Group in a report on Monday, September 16th.

Brooks Macdonald Group Stock Performance

The stock has a market capitalization of £266.58 million, a price-to-earnings ratio of 4,258.79, a PEG ratio of 0.85 and a beta of 0.80. The company has a quick ratio of 2.43, a current ratio of 2.29 and a debt-to-equity ratio of 2.50. The firm has a fifty day moving average of GBX 1,647.23 and a 200-day moving average of GBX 1,841.89.

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.