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The latest update is out from Brooks Macdonald ( (GB:BRK) ).
Brooks Macdonald Group plc has executed a share buyback, purchasing 5,000 of its ordinary shares at an average price of 1,639.00 pence per share, as part of its ongoing buyback program. This transaction reduces the company’s total issued share capital to 16,056,539 shares, potentially impacting shareholder voting rights and interest calculations under FCA regulations.
The most recent analyst rating on (GB:BRK) stock is a Hold with a £2150.00 price target. To see the full list of analyst forecasts on Brooks Macdonald stock, see the GB:BRK Stock Forecast page.
Spark’s Take on GB:BRK Stock
According to Spark, TipRanks’ AI Analyst, GB:BRK is a Outperform.
Brooks Macdonald’s strong financial performance and strategic corporate events significantly boost its stock score. The technical indicators suggest some caution due to overbought conditions. The reasonable valuation and high dividend yield further support the stock’s appeal.
To see Spark’s full report on GB:BRK stock, click here.
More about Brooks Macdonald
Brooks Macdonald Group plc is a leading provider of wealth management services in the UK. Established in 1991, the company serves independent financial advisors (IFAs) and clients, offering innovative investment solutions to meet changing financial needs. Known for its strong investment performance, Brooks Macdonald is recognized as an industry innovator.
Average Trading Volume: 58,119
Technical Sentiment Signal: Buy
Current Market Cap: £257.5M
See more insights into BRK stock on TipRanks’ Stock Analysis page.