Brewin Dolphin (LON:BRW) Price Target Raised to GBX 360

Brewin Dolphin (LON:BRW) had its target price boosted by Peel Hunt from GBX 310 ($3.81) to GBX 360 ($4.43) in a report issued on Wednesday, Stock Target Advisor reports. They currently have a buy rating on the stock.

A number of other equities analysts have also weighed in on the company. Jefferies Financial Group boosted their target price on Brewin Dolphin from GBX 320 ($3.94) to GBX 350 ($4.31) and gave the stock a buy rating in a research report on Monday, July 6th. Royal Bank of Canada boosted their target price on Brewin Dolphin from GBX 305 ($3.75) to GBX 320 ($3.94) and gave the stock an outperform rating in a research report on Wednesday, May 13th. Liberum Capital reissued a buy rating on shares of Brewin Dolphin in a research report on Wednesday, May 13th. Finally, Shore Capital reissued a buy rating and issued a GBX 320 ($3.94) target price (up previously from GBX 300 ($3.69)) on shares of Brewin Dolphin in a research report on Wednesday, May 13th. Five analysts have rated the stock with a buy rating, Brewin Dolphin currently has a consensus rating of Buy and a consensus price target of GBX 336 ($4.13).

Shares of LON:BRW opened at GBX 257 ($3.16) on Wednesday. Brewin Dolphin has a fifty-two week low of GBX 130 ($1.60) and a fifty-two week high of GBX 377.20 ($4.64). The business has a 50-day simple moving average of GBX 269.57 and a two-hundred day simple moving average of GBX 292.04. The company has a debt-to-equity ratio of 17.71, a quick ratio of 1.55 and a current ratio of 1.55. The firm has a market cap of $761.12 million and a price-to-earnings ratio of 16.09.

The firm also recently declared a dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 21st were given a GBX 4.40 ($0.05) dividend. The ex-dividend date was Thursday, May 21st. This represents a yield of 1.69%. Brewin Dolphin’s payout ratio is presently 102.56%.

About Brewin Dolphin

Brewin Dolphin Holdings PLC, together with its subsidiaries, provides wealth management services in the United Kingdom, the Channel Islands, and the Republic of Ireland. It also offers investment management, financial planning, advisory, managed portfolio, and Brewin portfolio services, as well as custody, trade execution, and settlement services to private clients, charities, corporates, and intermediaries.

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Analyst Recommendations for Brewin Dolphin (LON:BRW)

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