Brooks Macdonald Group plc (LON:BRK) Cut to “Sell” at Shore Capital

Brooks Macdonald Group plc (LON:BRK) was downgraded by Shore Capital to a “sell” rating in a research note issued to investors on Thursday.

Other analysts have also issued research reports about the company. Canaccord Genuity reissued a “buy” rating and set a GBX 2,320 ($30.60) price objective on shares of Brooks Macdonald Group plc in a research note on Wednesday, April 26th. N+1 Singer reissued an “under review” rating on shares of Brooks Macdonald Group plc in a research note on Thursday, July 27th. Numis Securities Ltd reissued a “hold” rating and set a GBX 2,250 ($29.68) price objective on shares of Brooks Macdonald Group plc in a research note on Thursday, July 27th. Finally, Peel Hunt increased their price objective on Brooks Macdonald Group plc from GBX 2,100 ($27.70) to GBX 2,290 ($30.21) and gave the company an “add” rating in a research note on Wednesday, April 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Brooks Macdonald Group plc has a consensus rating of “Hold” and an average target price of GBX 2,210.17 ($29.15).

Brooks Macdonald Group plc (LON BRK) opened at 2085.00 on Thursday. The company’s market cap is GBX 281.85 million. The company has a 50-day moving average of GBX 2,364.09 and a 200-day moving average of GBX 2,187.31. Brooks Macdonald Group plc has a one year low of GBX 1,650.00 and a one year high of GBX 2,582.00.

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Brooks Macdonald Group plc Company Profile

Brooks Macdonald Group plc is a United Kingdom-based company, which offers a range of investment management services and related professional advice to private high net worth individuals, charities and trusts. The Company also provides financial planning, as well as offshore fund management and administration services and acts as fund manager to regulated open-ended investment companies (OEICs), providing specialist funds in the property and structured return sectors and managing property assets on behalf of these funds and other clients.