Close Brothers Group plc (LON:CBG - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 285.46 ($3.87) and traded as high as GBX 337.60 ($4.58). Close Brothers Group shares last traded at GBX 333.60 ($4.52), with a volume of 483,883 shares changing hands.
Wall Street Analysts Forecast Growth
CBG has been the subject of a number of research analyst reports. Shore Capital reiterated a "buy" rating on shares of Close Brothers Group in a research report on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Close Brothers Group from GBX 610 ($8.27) to GBX 600 ($8.13) and set a "hold" rating on the stock in a research note on Thursday, February 13th. Finally, Keefe, Bruyette & Woods reiterated an "outperform" rating and issued a GBX 430 ($5.83) price target on shares of Close Brothers Group in a research note on Thursday, March 27th.
View Our Latest Analysis on Close Brothers Group
Close Brothers Group Stock Up 0.2%
The firm has a market cap of £492.36 million, a price-to-earnings ratio of 4.92, a PEG ratio of 1.87 and a beta of 0.82. The firm has a 50 day moving average of GBX 315.02 and a 200 day moving average of GBX 288.61.
Close Brothers Group (LON:CBG - Get Free Report) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 30.90 ($0.42) EPS for the quarter. Close Brothers Group had a net margin of 7.79% and a return on equity of 5.78%. Equities analysts expect that Close Brothers Group plc will post 66.0070671 EPS for the current year.
Insiders Place Their Bets
In related news, insider Michael N. Biggs acquired 5,000 shares of the firm's stock in a transaction on Wednesday, March 19th. The stock was purchased at an average cost of GBX 288 ($3.90) per share, with a total value of £14,400 ($19,514.84). Corporate insiders own 2.91% of the company's stock.
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.
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