Peel Hunt reiterated their hold rating on shares of Close Brothers Group (LON:CBG) in a research report sent to investors on Tuesday morning.

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).

The business also recently declared a dividend, which will be paid on Tuesday, November 20th. Investors of record on Thursday, October 11th will be given a GBX 42 ($0.55) dividend. This is a positive change from Close Brothers Group’s previous dividend of $21.00. The ex-dividend date is Thursday, October 11th. This represents a dividend yield of 2.63%.

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.

Read More: What is the Ex-Dividend Date in Investing?

Analyst Recommendations for Close Brothers Group (LON:CBG)

Receive News & Ratings for Close Brothers Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Close Brothers Group and related companies with MarketBeat.com's FREE daily email newsletter.