Close Brothers Group plc (LON:CBG - Get Free Report) insider Mark Pain purchased 4,000 shares of Close Brothers Group stock in a transaction that occurred on Friday, April 19th. The stock was acquired at an average cost of GBX 444 ($5.48) per share, with a total value of £17,760 ($21,936.76).
Close Brothers Group Stock Performance
Shares of CBG stock traded up GBX 3.80 ($0.05) on Monday, reaching GBX 457 ($5.64). 318,139 shares of the company's stock traded hands, compared to its average volume of 1,160,416. The business's 50 day moving average price is GBX 390.26 and its two-hundred day moving average price is GBX 614.85. The company has a market capitalization of £687.74 million, a P/E ratio of 482.35, a price-to-earnings-growth ratio of 1.87 and a beta of 0.81. Close Brothers Group plc has a 12-month low of GBX 278 ($3.43) and a 12-month high of GBX 998.50 ($12.33).
Wall Street Analyst Weigh In
A number of research analysts have commented on the stock. Canaccord Genuity Group reiterated a "speculative buy" rating and set a GBX 463 ($5.72) price objective on shares of Close Brothers Group in a research note on Wednesday, February 21st. Berenberg Bank decreased their price target on Close Brothers Group from GBX 1,100 ($13.59) to GBX 425 ($5.25) and set a "buy" rating for the company in a research note on Thursday, February 15th. Shore Capital upgraded Close Brothers Group to a "buy" rating and set a GBX 665 ($8.21) price objective on the stock in a research note on Thursday, March 21st. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a GBX 375 ($4.63) target price on shares of Close Brothers Group in a research report on Wednesday, March 20th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 577.80 ($7.14).
Get Our Latest Report on CBG
Close Brothers Group Company Profile
(
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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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