Close Brothers Group plc (LON:CBG - Get Free Report) insider Patricia Halliday bought 500 shares of the business's stock in a transaction on Tuesday, April 23rd. The shares were bought at an average cost of GBX 453 ($5.60) per share, for a total transaction of £2,265 ($2,797.68).
Close Brothers Group Stock Performance
Shares of CBG stock traded down GBX 5.40 ($0.07) during mid-day trading on Wednesday, reaching GBX 458.80 ($5.67). 235,211 shares of the company's stock traded hands, compared to its average volume of 1,135,894. 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). The firm has a 50 day moving average price of GBX 392.14 and a two-hundred day moving average price of GBX 609.11. The firm has a market capitalization of £690.45 million, a PE ratio of 482.95, a price-to-earnings-growth ratio of 1.87 and a beta of 0.81.
Wall Street Analyst Weigh In
A number of brokerages have commented on CBG. Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 463 ($5.72) price objective on shares of Close Brothers Group in a report on Wednesday, February 21st. 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 report on Thursday, March 21st. Royal Bank of Canada reaffirmed a "sector perform" rating and set a GBX 375 ($4.63) price objective on shares of Close Brothers Group in a research note on Wednesday, March 20th. Finally, Berenberg Bank reduced their price objective on Close Brothers Group from GBX 1,100 ($13.59) to GBX 425 ($5.25) and set a "buy" rating on the stock in a research note on Thursday, February 15th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Close Brothers Group presently has an average rating of "Moderate Buy" and an average target price of GBX 577.80 ($7.14).
View Our Latest Stock Analysis on CBG
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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