Close Brothers Group plc (LON:CBG - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 278.09 ($3.69) and traded as high as GBX 324.40 ($4.31). Close Brothers Group shares last traded at GBX 314.20 ($4.17), with a volume of 430,093 shares changing hands.
Analyst Ratings Changes
Several research firms have recently weighed in on CBG. Deutsche Bank Aktiengesellschaft decreased their target price on Close Brothers Group from GBX 610 ($8.10) to GBX 600 ($7.96) and set a "hold" rating on the stock in a research report on Thursday, February 13th. Shore Capital reaffirmed a "buy" rating on shares of Close Brothers Group in a research note on Tuesday, March 18th. Finally, Keefe, Bruyette & Woods reaffirmed an "outperform" rating and set a GBX 430 ($5.71) target price on shares of Close Brothers Group in a report on Thursday, March 27th.
Get Our Latest Report on CBG
Close Brothers Group Trading Down 2.5 %
The firm has a market capitalization of £496.28 million, a price-to-earnings ratio of 4.96, a PEG ratio of 1.87 and a beta of 0.82. The company has a fifty day moving average price of GBX 304.68 and a two-hundred day moving average price of GBX 277.55.
Close Brothers Group (LON:CBG - Get Free Report) last released its quarterly earnings data on Tuesday, March 18th. The company reported GBX 30.90 ($0.41) earnings per share for the quarter. Close Brothers Group had a return on equity of 5.78% and a net margin of 7.79%. As a group, equities research analysts expect that Close Brothers Group plc will post 66.0070671 earnings per share for the current year.
Insider Activity at Close Brothers Group
In other Close Brothers Group news, insider Michael N. Biggs acquired 5,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was bought at an average cost of GBX 288 ($3.82) per share, for a total transaction of £14,400 ($19,113.35). 2.91% of the stock is currently owned by insiders.
Close Brothers Group Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Close Brothers Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Close Brothers Group wasn't on the list.
While Close Brothers Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
