Close Brothers Group (LON:CBG)‘s stock had its “hold” rating reaffirmed by equities researchers at Peel Hunt in a research report issued to clients and investors on Friday.

Several other research firms have also recently weighed in on CBG. Shore Capital reissued a “hold” rating on shares of Close Brothers Group in a research note on Friday, September 14th. Numis Securities cut shares of Close Brothers Group to a “hold” rating and set a GBX 1,693 ($22.12) target price for the company. in a research note on Tuesday, September 25th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Close Brothers Group in a research note on Thursday, October 11th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,618.86 ($21.15).

LON:CBG opened at GBX 1,428 ($18.66) on Friday. Close Brothers Group has a 1-year low of GBX 1,315 ($17.18) and a 1-year high of GBX 1,715 ($22.41).

In other Close Brothers Group news, insider Elizabeth Lee sold 7,000 shares of Close Brothers Group stock in a transaction on Friday, October 19th. The shares were sold at an average price of GBX 1,531 ($20.01), for a total transaction of £107,170 ($140,036.59). Also, insider Jonathan Howell sold 49,085 shares of Close Brothers Group stock in a transaction on Wednesday, October 3rd. The stock was sold at an average price of GBX 1,554 ($20.31), for a total transaction of £762,780.90 ($996,708.35). Over the last ninety days, insiders have sold 98,662 shares of company stock valued at $154,340,598.

Close Brothers Group Company Profile

Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts.

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Analyst Recommendations for Close Brothers Group (LON:CBG)

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