Close Brothers Group (CBG) Receives Buy Rating from Peel Hunt
CBG has been the subject of a number of other reports. Shore Capital reiterated a hold rating on shares of Close Brothers Group in a research report on Thursday, November 16th. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 1,800 ($24.41) price objective on shares of Close Brothers Group in a research report on Tuesday, October 3rd. Numis Securities reiterated a hold rating and set a GBX 1,575 ($21.36) price objective on shares of Close Brothers Group in a research report on Tuesday, September 26th. Liberum Capital reiterated a hold rating and set a GBX 1,535 ($20.82) price objective on shares of Close Brothers Group in a research report on Tuesday, September 26th. Finally, Macquarie reiterated an underperform rating and set a GBX 1,138 ($15.43) price objective on shares of Close Brothers Group in a research report on Thursday, November 23rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of GBX 1,518.50 ($20.59).
Close Brothers Group (LON:CBG) opened at GBX 1,447 ($19.62) on Friday. The stock has a market cap of $2,190.00 and a P/E ratio of 1,130.47. Close Brothers Group has a 12-month low of GBX 1,315 ($17.83) and a 12-month high of GBX 1,715 ($23.26).
In other Close Brothers Group news, insider Rebekah Etherington sold 779 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of GBX 1,155 ($15.66), for a total value of £8,997.45 ($12,201.59). Over the last 90 days, insiders acquired 42 shares of company stock valued at $59,208.
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Close Brothers Group Company Profile
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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