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Close Brothers Group (CBG) Stock Forecast & Price Target

GBX 467.60
+4.40 (+0.95%)
(As of 05/28/2024 ET)

Close Brothers Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 5 Analyst Ratings

Consensus Price Target

GBX 577.80
High ForecastGBX 961
Average ForecastGBX 577.80
Low ForecastGBX 375
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetGBX 577.80GBX 577.80GBX 762.25GBX 1,082.75
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CBG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CBG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Close Brothers Group Stock vs. The Competition

TypeClose Brothers GroupFinancial Services Companies
Consensus Rating Score
2.60
2.48
Consensus RatingModerate BuyHold
News Sentiment RatingNeutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/22/2024Shore Capital
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 Reiterated RatingBuy
3/20/2024Royal Bank of Canada
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 Reiterated RatingSector PerformGBX 375+6.66%
2/21/2024Canaccord Genuity Group
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 Reiterated RatingSpeculative BuyGBX 463+36.16%
2/15/2024Berenberg Bank
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 Lower TargetBuyGBX 1,100 ➝ GBX 425+45.05%
9/26/2023Peel Hunt
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 Reiterated RatingHoldGBX 961+10.46%
1/26/2023JPMorgan Chase & Co.
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 Lower TargetUnderweightGBX 1,120 ➝ GBX 950-1.55%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:28 AM ET.

CBG Frequently Asked Questions

What is Close Brothers Group's stock forecast and purchase recommendation?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Close Brothers Group is GBX 577.80, with a high forecast of GBX 961 and a low forecast of GBX 375. The consensus rating for Close Brothers Group stock is Moderate Buy based on the current 2 hold ratings and 3 buy ratings for CBG. Learn more on CBG's analyst rating history.

Do Wall Street analysts like Close Brothers Group more than its competitors?

Analysts like Close Brothers Group more than other "financial services" companies. The consensus rating for Close Brothers Group is Moderate Buy while the average consensus rating for "financial services" companies is Hold. Learn more on how CBG compares to other companies.

Is Close Brothers Group being upgraded by Wall Street analysts?

Over the previous 90 days, Close Brothers Group's stock had 1 upgrade by analysts.

Does Close Brothers Group's stock price have much upside?

According to analysts, Close Brothers Group's stock has a predicted upside of 26.65% based on their 12-month stock forecasts.

What analysts cover Close Brothers Group?

Close Brothers Group has been rated by research analysts at Royal Bank of Canada, and Shore Capital in the past 90 days.


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This page (LON:CBG) was last updated on 5/28/2024 by MarketBeat.com Staff

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