Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Brooks Macdonald ( (GB:BRK) ) just unveiled an announcement.
Brooks Macdonald Group plc has executed a share buyback, purchasing 3,000 of its ordinary shares at 1,700.00 pence per share, as part of its ongoing Share Buyback programme. The purchased shares will be cancelled, reducing the company’s total issued share capital to 16,042,539 shares, which will affect the calculations for shareholder voting rights and interests under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:BRK) stock is a Hold with a £1900.00 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, serving independent financial advisors (IFAs) and clients since 1991. The company is known for delivering strong investment performance and providing innovative investment solutions, such as the Managed Portfolio Service, to support clients throughout their financial journeys.
Average Trading Volume: 53,890
Technical Sentiment Signal: Buy
Current Market Cap: £265.1M
See more data about BRK stock on TipRanks’ Stock Analysis page.