Shares of Close Brothers Group plc (LON:CBG - Get Free Report) have received an average rating of "Moderate Buy" from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 500.63.
CBG has been the topic of a number of recent research reports. Royal Bank Of Canada upgraded shares of Close Brothers Group to an "outperform" rating and lifted their price target for the stock from GBX 475 to GBX 625 in a research note on Friday, January 16th. UBS Group upgraded shares of Close Brothers Group to a "buy" rating and set a GBX 555 price objective for the company in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Close Brothers Group from GBX 550 to GBX 570 and gave the company a "buy" rating in a research report on Friday, January 23rd. Finally, Shore Capital Group cut Close Brothers Group to a "hold" rating and set a GBX 475 price target for the company. in a report on Wednesday, April 8th.
Check Out Our Latest Report on Close Brothers Group
Insider Activity
In other Close Brothers Group news, insider Sally Williams bought 4,705 shares of the stock in a transaction dated Tuesday, April 14th. The stock was bought at an average cost of GBX 423 per share, for a total transaction of £19,902.15. Also, insider Kari Hale purchased 5,017 shares of the business's stock in a transaction that occurred on Monday, April 13th. The stock was acquired at an average cost of GBX 406 per share, with a total value of £20,369.02. Over the last ninety days, insiders acquired 25,567 shares of company stock worth $11,190,052. 2.19% of the stock is owned by corporate insiders.
Close Brothers Group Stock Up 2.0%
Close Brothers Group stock opened at GBX 450.40 on Wednesday. The business has a 50 day moving average price of GBX 427.58 and a two-hundred day moving average price of GBX 457.81. Close Brothers Group has a 12 month low of GBX 314.38 and a 12 month high of GBX 563.50. The stock has a market cap of £678.06 million, a price-to-earnings ratio of -12.76, a price-to-earnings-growth ratio of 1.87 and a beta of 1.23.
Close Brothers Group (LON:CBG - Get Free Report) last announced its quarterly earnings data on Tuesday, March 17th. The company reported GBX 27.10 earnings per share for the quarter. Close Brothers Group had a negative return on equity of 2.03% and a negative net margin of 4.66%. On average, analysts expect that Close Brothers Group will post 66.0070671 earnings per share for the current fiscal year.
About Close Brothers Group
(
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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