Brooks Macdonald Group (LON:BRK) Share Price Crosses Above 200-Day Moving Average of $1,989.07

Brooks Macdonald Group plc (LON:BRK)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1,989.07 and traded as high as $2,190.00. Brooks Macdonald Group shares last traded at $2,150.00, with a volume of 125 shares.

A number of equities analysts have recently weighed in on the company. Liberum Capital reissued a “buy” rating and issued a GBX 2,490 ($32.75) price target on shares of Brooks Macdonald Group in a report on Thursday, October 24th. Peel Hunt restated a “buy” rating on shares of Brooks Macdonald Group in a research report on Friday, February 7th. Royal Bank of Canada reaffirmed a “sector performer” rating and set a GBX 2,020 ($26.57) price objective (up previously from GBX 1,985 ($26.11)) on shares of Brooks Macdonald Group in a research note on Thursday, October 31st. Finally, Shore Capital reiterated a “buy” rating on shares of Brooks Macdonald Group in a research report on Thursday, January 16th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 2,310 ($30.39).

The business’s fifty day moving average price is GBX 2,161.10 and its 200 day moving average price is GBX 1,989.94. The firm has a market capitalization of $336.96 million and a PE ratio of 51.56.

In other news, insider Ben Thorpe sold 4,190 shares of Brooks Macdonald Group stock in a transaction on Thursday, December 19th. The stock was sold at an average price of GBX 2,000 ($26.31), for a total value of £83,800 ($110,234.15). Also, insider Richard Spencer sold 19,750 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of GBX 1,775 ($23.35), for a total value of £350,562.50 ($461,145.09).

Brooks Macdonald Group Company Profile (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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