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

Royal Bank of Canada reaffirmed their sector perform rating on shares of Brooks Macdonald Group (LON:BRK) in a report published on Monday morning, MarketBeat reports. The brokerage currently has a GBX 2,150 ($28.40) price objective on the stock.

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

Brooks Macdonald Group Stock Performance

LON:BRK opened at GBX 1,840 ($24.31) on Monday. 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 fifty-two week low of GBX 1,425.90 ($18.84) and a fifty-two week high of GBX 2,150 ($28.40). The stock has a market cap of £293.85 million, a PE ratio of 4,717.95, a price-to-earnings-growth ratio of 0.85 and a beta of 0.80. The firm’s fifty day simple moving average is GBX 1,983 and its 200-day simple moving average is GBX 1,921.77.

Brooks Macdonald Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, September 19th will be issued a GBX 49 ($0.65) dividend. This represents a yield of 2.59%. This is a positive change from Brooks Macdonald Group’s previous dividend of $29.00. The ex-dividend date is Thursday, September 19th. Brooks Macdonald Group’s dividend payout ratio is 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.