Shares of Close Brothers Group plc (LON:CBG - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 326.24 ($4.38) and traded as high as GBX 420 ($5.64). Close Brothers Group shares last traded at GBX 411.40 ($5.53), with a volume of 330,589 shares changing hands.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the stock. Shore Capital reissued a "hold" rating and set a GBX 370 ($4.97) target price on shares of Close Brothers Group in a research report on Friday. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and issued a GBX 430 ($5.78) price target on shares of Close Brothers Group in a research report on Thursday, March 27th.
Read Our Latest Stock Report on CBG
Close Brothers Group Stock Performance
The firm has a market capitalization of £650.26 million, a price-to-earnings ratio of 6.50, a price-to-earnings-growth ratio of 1.87 and a beta of 0.82. The firm's 50-day moving average price is GBX 369.66 and its two-hundred day moving average price is GBX 326.24.
About Close Brothers Group
(
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Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.
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