Close Brothers Group plc (LON:CBG - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 297.80 ($4.00) and traded as high as GBX 377.60 ($5.07). Close Brothers Group shares last traded at GBX 370.20 ($4.97), with a volume of 302,962 shares traded.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Keefe, Bruyette & Woods reiterated an "outperform" rating and issued a GBX 430 ($5.77) target price on shares of Close Brothers Group in a report on Thursday, March 27th. Shore Capital reiterated a "buy" rating on shares of Close Brothers Group in a report on Wednesday, May 21st.
Read Our Latest Stock Analysis on CBG
Close Brothers Group Stock Up 1.0%
The business's 50-day moving average price is GBX 330.88 and its 200-day moving average price is GBX 297.80. The firm has a market capitalization of £557.75 million, a PE ratio of 5.58, a price-to-earnings-growth ratio of 1.87 and a beta of 0.82.
Close Brothers Group (LON:CBG - Get Free Report) last posted its quarterly earnings results on Tuesday, March 18th. The company reported GBX 30.90 ($0.41) earnings per share (EPS) for the quarter. Close Brothers Group had a net margin of 7.79% and a return on equity of 5.78%. On average, analysts anticipate that Close Brothers Group plc will post 66.0070671 EPS for the current fiscal year.
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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