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Brooks Macdonald ( (GB:BRK) ) just unveiled an update.
Brooks Macdonald Group plc has executed a share buyback, purchasing 3,000 of its ordinary shares at a price of 1,730.00 pence per share, as part of its ongoing Share Buyback programme. The shares will be cancelled, reducing the company’s total issued share capital to 15,890,000 shares, which may impact shareholder voting rights and interest notifications under the FCA’s 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 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. Since 1991, the company has been serving independent financial advisors (IFAs) and clients, offering innovative investment solutions to meet evolving financial objectives. Known for its financial strength and independence, Brooks Macdonald has pioneered products like the Managed Portfolio Service.
Average Trading Volume: 22,257
Technical Sentiment Signal: Buy
Current Market Cap: £268.9M
Find detailed analytics on BRK stock on TipRanks’ Stock Analysis page.