Close Brothers Group plc (CBG) Given Hold Rating at Jefferies Group
Jefferies Group reissued their hold rating on shares of Close Brothers Group plc (LON:CBG) in a research report sent to investors on Thursday morning. They currently have a GBX 1,506 ($18.31) price objective on the stock.
Other analysts also recently issued reports about the company. Panmure Gordon reiterated a hold rating and issued a GBX 1,500 ($18.24) price target on shares of Close Brothers Group plc in a report on Tuesday, September 27th. J P Morgan Chase & Co increased their price target on Close Brothers Group plc from GBX 1,575 ($19.15) to GBX 1,650 ($20.07) and gave the company an overweight rating in a report on Friday, November 18th. Liberum Capital reiterated a hold rating and issued a GBX 1,400 ($17.03) price target on shares of Close Brothers Group plc in a report on Thursday, January 5th. Numis Securities Ltd downgraded Close Brothers Group plc to a hold rating and set a GBX 1,551 ($18.86) price target for the company. in a report on Tuesday, September 27th. Finally, Royal Bank Of Canada reiterated a sector performer rating and issued a GBX 1,400 ($17.03) price target on shares of Close Brothers Group plc in a report on Friday, September 30th. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 1,483.60 ($18.04).
Close Brothers Group plc (LON:CBG) traded up 0.83% during mid-day trading on Thursday, hitting GBX 1450.00. The stock had a trading volume of 404,559 shares. The company has a 50-day moving average of GBX 1,409.22 and a 200-day moving average of GBX 1,328.82. The firm’s market cap is GBX 2.14 billion. Close Brothers Group plc has a 12-month low of GBX 975.00 and a 12-month high of GBX 1,494.00.
About Close Brothers Group plc
Close Brothers Group plc is a merchant banking company. The Company provides lending, deposit taking, wealth management services and securities trading. The Company operates through three segments: Banking, Securities and Asset Management. The Banking segment provides lending to small businesses and individuals, with an emphasis on specialist finance.
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