Peel Hunt Reiterates “Hold” Rating for Close Brothers Group (CBG)
A number of other equities analysts have also weighed in on CBG. Shore Capital reiterated a hold rating on shares of Close Brothers Group in a research report on Friday, September 14th. Numis Securities upgraded Close Brothers Group to an add rating in a research report on Wednesday, July 18th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 1,561.30 ($20.34).
Shares of CBG stock opened at GBX 1,589 ($20.70) on Tuesday. Close Brothers Group has a fifty-two week low of GBX 1,315 ($17.13) and a fifty-two week high of GBX 1,715 ($22.34).
In related news, insider Jonathan Howell sold 30,577 shares of the stock in a transaction on Wednesday, September 26th. The stock was sold at an average price of GBX 1,604 ($20.89), for a total value of £490,455.08 ($638,862.94). Insiders purchased a total of 29 shares of company stock valued at $45,040 in the last quarter.
Close Brothers Group Company Profile
Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals firms in the United Kingdom. It operates through five segments: Commercial Finance, Retail Finance, Property Finance, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts.
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