Brooks Macdonald Group (LON:BRK) Reaches New 52-Week High at $2,100.00

Brooks Macdonald Group plc (LON:BRK)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 2,100 ($27.44) and last traded at GBX 2,100 ($27.44), with a volume of 3915 shares traded. The stock had previously closed at GBX 1,950 ($25.48).

A number of research analysts have commented on the company. Shore Capital restated a “buy” rating and set a GBX 2,300 ($30.05) price target (up from GBX 2,000 ($26.13)) on shares of Brooks Macdonald Group in a research note on Wednesday, September 18th. Peel Hunt restated a “buy” rating and set a GBX 2,490 ($32.54) price target (up from GBX 2,350 ($30.71)) on shares of Brooks Macdonald Group in a research note on Monday, September 9th.

The stock has a market cap of $293.10 million and a PE ratio of 50.36. The firm has a fifty day moving average of GBX 1,958.05 and a 200 day moving average of GBX 1,904.22.

The firm also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, September 26th will be issued a GBX 32 ($0.42) dividend. This represents a yield of 1.61%. The ex-dividend date is Thursday, September 26th. This is a positive change from Brooks Macdonald Group’s previous dividend of $19.00. Brooks Macdonald Group’s dividend payout ratio is 1.22%.

About Brooks Macdonald Group (LON:BRK)

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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