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The latest announcement is out from Brooks Macdonald ( (GB:BRK) ).
Brooks Macdonald Group plc has executed a share buyback, purchasing 2,000 of its ordinary shares at a price of 1,785.00 pence per share, as part of its ongoing Share Buyback programme. This move will result in the cancellation of the purchased shares, reducing the total issued share capital to 15,996,539 shares, which may impact shareholder voting rights and interest calculations under regulatory guidelines.
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 overall stock score is driven by its strong financial performance and positive corporate events. While technical indicators support a bullish outlook, challenges in profitability and valuation metrics are balanced by a strong dividend yield and strategic corporate actions.
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 advisers (IFAs) and clients since 1991. The company is known for its innovative investment solutions and strong financial performance, offering products like the Managed Portfolio Service to help clients achieve their financial objectives.
Average Trading Volume: 36,333
Technical Sentiment Signal: Buy
Current Market Cap: £280.6M
For a thorough assessment of BRK stock, go to TipRanks’ Stock Analysis page.