Barclays Boosts Brewin Dolphin (BRW) Price Target to GBX 430

Brewin Dolphin (LON:BRW) had its price objective hoisted by Barclays from GBX 410 ($5.76) to GBX 430 ($6.04) in a report issued on Monday. They currently have an overweight rating on the stock.

A number of other research firms have also recently issued reports on BRW. Canaccord Genuity lifted their price target on Brewin Dolphin from GBX 335 ($4.70) to GBX 365 ($5.13) and gave the company a hold rating in a report on Friday, December 22nd. Liberum Capital reissued a buy rating and set a GBX 416 ($5.84) price objective on shares of Brewin Dolphin in a report on Friday, December 8th. Shore Capital reissued a buy rating on shares of Brewin Dolphin in a report on Thursday, January 25th. Peel Hunt reissued a buy rating and set a GBX 390 ($5.48) price objective on shares of Brewin Dolphin in a report on Thursday, January 25th. Finally, Numis Securities reissued a hold rating and set a GBX 340 ($4.77) price objective on shares of Brewin Dolphin in a report on Thursday, January 25th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of GBX 380 ($5.34).

Brewin Dolphin (LON BRW) opened at GBX 373.40 ($5.24) on Monday. Brewin Dolphin has a twelve month low of GBX 297.50 ($4.18) and a twelve month high of GBX 399.40 ($5.61). The stock has a market capitalization of $1,060.00 and a PE ratio of 2,333.75.

The company also recently disclosed a dividend, which will be paid on Wednesday, February 7th. Shareholders of record on Thursday, January 11th will be issued a dividend of GBX 10.75 ($0.15) per share. This is a boost from Brewin Dolphin’s previous dividend of $4.25. This represents a yield of 2.97%. The ex-dividend date of this dividend is Thursday, January 11th.

In other news, insider David Richardson Nicol sold 23,884 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of GBX 386 ($5.42), for a total transaction of £92,192.24 ($129,465.30).

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About Brewin Dolphin

Brewin Dolphin Holdings PLC is a United Kingdom-based company, which is a provider of wealth management services. The Company offers personalized wealth management services. The Company focuses on core services of discretionary investment management and financial advices, coupled with improving operational efficiency.

Analyst Recommendations for Brewin Dolphin (LON:BRW)

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