Close Brothers Group plc (LON:CBG - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 303.81 ($4.17) and traded as high as GBX 378.20 ($5.19). Close Brothers Group shares last traded at GBX 373 ($5.12), with a volume of 525,320 shares changing hands.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on CBG shares. Keefe, Bruyette & Woods restated an "outperform" rating and issued a GBX 430 ($5.90) target price on shares of Close Brothers Group in a report on Thursday, March 27th. Shore Capital reissued a "buy" rating on shares of Close Brothers Group in a report on Wednesday, May 21st.
Check Out Our Latest Stock Report on CBG
Close Brothers Group Trading Down 2.4%
The stock has a market cap of £556.85 million, a P/E ratio of 5.57, a PEG ratio of 1.87 and a beta of 0.82. The company's 50 day moving average price is GBX 343.33 and its two-hundred day moving average price is GBX 306.59.
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.
See Also
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