Brooks Macdonald Group’s (BRK) “Sector perform” Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada restated their sector perform rating on shares of Brooks Macdonald Group (LON:BRK) in a research note released on Monday, Marketbeat.com reports. They currently have a GBX 2,150 ($28.40) price target on the stock.

Separately, Shore Capital restated a hold rating on shares of Brooks Macdonald Group in a research report on Wednesday, July 17th.

Brooks Macdonald Group Stock Up 0.5 %

Shares of Brooks Macdonald Group stock opened at GBX 1,840 ($24.31) on Monday. The company has a market capitalization of £293.85 million, a P/E ratio of 4,717.95, a P/E/G ratio of 0.85 and a beta of 0.80. The company has a quick ratio of 2.43, a current ratio of 3.60 and a debt-to-equity ratio of 3.16. Brooks Macdonald Group has a 52-week low of GBX 1,425.90 ($18.84) and a 52-week high of GBX 2,150 ($28.40). The company has a 50 day moving average of GBX 1,983 and a 200 day moving average of GBX 1,921.77.

Brooks Macdonald Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, September 19th will be given a dividend of GBX 49 ($0.65) per share. This represents a dividend yield of 2.59%. The ex-dividend date is Thursday, September 19th. This is an increase from Brooks Macdonald Group’s previous dividend of $29.00. Brooks Macdonald Group’s payout ratio is currently 19,487.18%.

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.