Analysts Set Close Brothers Group plc (CBG) Price Target at $1,539.60
Close Brothers Group plc (LON:CBG) has received a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 1,539.60 ($19.91).
CBG has been the topic of several recent research reports. Numis Securities Ltd restated a “buy” rating and issued a GBX 1,779 ($23.01) price target on shares of Close Brothers Group plc in a research report on Friday, May 19th. Barclays PLC reiterated an “equal weight” rating and set a GBX 1,550 ($20.05) price objective on shares of Close Brothers Group plc in a research report on Monday, July 24th. Liberum Capital reiterated a “hold” rating and set a GBX 1,400 ($18.11) price objective on shares of Close Brothers Group plc in a research report on Friday, May 19th. Peel Hunt cut shares of Close Brothers Group plc to a “hold” rating and set a GBX 1,600 ($20.69) price objective on the stock. in a research report on Friday, May 19th. Finally, Shore Capital reiterated a “hold” rating on shares of Close Brothers Group plc in a research report on Friday, May 19th.
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Shares of Close Brothers Group plc (LON:CBG) traded up 0.26% on Tuesday, hitting GBX 1549.00. The company’s stock had a trading volume of 183,393 shares. The company’s market cap is GBX 2.30 billion. Close Brothers Group plc has a 52 week low of GBX 1,222.00 and a 52 week high of GBX 1,715.00. The stock’s 50 day moving average is GBX 1,524.32 and its 200-day moving average is GBX 1,556.37.
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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