Sally Williams Acquires 4,705 Shares of Close Brothers Group (LON:CBG) Stock

Key Points

• Insider buying: Director Sally Williams purchased 4,705 shares on April 14 at GBX 423 (≈£19,902) and had earlier bought 6,914 shares on April 8 at GBX 456 (≈£31,528), signalling recent insider accumulation.
• Share and financial backdrop: CBG traded at GBX 435.20, sits below its 200‑day MA (GBX 459.96) within a 52‑week range of GBX 290.40–563.50, has a market cap of £655.18m and shows a negative P/E (‑12.33) with recent negative net margin and ROE.
• Analyst sentiment: Six analysts rate the stock Buy and two Hold (average "Moderate Buy") with an average target of GBX 500.63, and several brokers (Deutsche Bank, UBS, RBC) recently upgraded or raised targets, in one case up to GBX 625.

Close Brothers Group plc (LON:CBG - Get Free Report) insider Sally Williams bought 4,705 shares of Close Brothers Group stock in a transaction dated Tuesday, April 14th. The stock was acquired at an average cost of GBX 423 per share, with a total value of £19,902.15.

Sally Williams also recently made the following trade(s):

• On Wednesday, April 8th, Sally Williams purchased 6,914 shares of Close Brothers Group stock. The shares were purchased at an average cost of GBX 456 per share, with a total value of £31,527.84.

Close Brothers Group Stock Performance

CBG traded up GBX 19.20 on Tuesday, hitting GBX 435.20. 297,233 shares of the company were exchanged, compared to its average volume of 3,887,066. The business's fifty day moving average is GBX 439.06 and its 200 day moving average is GBX 459.96. Close Brothers Group plc has a fifty-two week low of GBX 290.40 and a fifty-two week high of GBX 563.50. The firm has a market capitalization of £655.18 million, a P/E ratio of -12.33, a price-to-earnings-growth ratio of 1.87 and a beta of 1.23.

Close Brothers Group (LON:CBG - Get Free Report) last released its quarterly earnings results on Tuesday, March 17th. The company reported GBX 27.10 earnings per share (EPS) for the quarter. Close Brothers Group had a negative return on equity of 2.03% and a negative net margin of 4.66%. Analysts forecast that Close Brothers Group plc will post 66.0070671 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CBG. Deutsche Bank Aktiengesellschaft raised their target price on shares of Close Brothers Group from GBX 550 to GBX 570 and gave the stock a "buy" rating in a research report on Friday, January 23rd. UBS Group upgraded shares of Close Brothers Group to a "buy" rating and set a GBX 555 price target on the stock in a report on Friday, March 27th. Shore Capital Group lowered shares of Close Brothers Group to a "hold" rating and set a GBX 475 target price on the stock. in a report on Wednesday, April 8th. Finally, Royal Bank Of Canada upgraded shares of Close Brothers Group to an "outperform" rating and lifted their target price for the company from GBX 475 to GBX 625 in a report on Friday, January 16th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 500.63.

About Close Brothers Group

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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