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The latest announcement is out from Brooks Macdonald ( (GB:BRK) ).
Brooks Macdonald Group plc has executed a share buyback, purchasing 4,000 ordinary shares at 1,680.00 pence each, as part of its ongoing Share Buyback programme. This move reduces the company’s total issued share capital to 16,045,539 shares, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:BRK) stock is a Buy with a £23.35 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, serving Independent Financial Advisors (IFAs) and clients since 1991. The company is known for its innovative investment solutions, including the Managed Portfolio Service, and is committed to delivering strong investment performance to meet clients’ financial objectives.
Average Trading Volume: 59,575
Technical Sentiment Signal: Buy
Current Market Cap: £265.1M
See more insights into BRK stock on TipRanks’ Stock Analysis page.