Close Brothers Group plc (LON:CBG - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 309.79 ($4.23) and traded as high as GBX 400.92 ($5.47). Close Brothers Group shares last traded at GBX 398.40 ($5.44), with a volume of 1,114,584 shares changing hands.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on CBG shares. Keefe, Bruyette & Woods reissued an "outperform" rating and set a GBX 430 ($5.87) price target on shares of Close Brothers Group in a research report on Thursday, March 27th. Shore Capital reiterated a "buy" rating on shares of Close Brothers Group in a report on Wednesday, May 21st.
View Our Latest Stock Analysis on Close Brothers Group
Close Brothers Group Stock Performance
The business has a 50-day simple moving average of GBX 349.77 and a 200-day simple moving average of GBX 309.79. The company has a market cap of £587.58 million, a price-to-earnings ratio of 5.88, a price-to-earnings-growth ratio of 1.87 and a beta of 0.82.
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.
Further Reading
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