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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
LON:CBG

Close Brothers Group (CBG) Share Forecast, Price & News

GBX 863
-3.50 (-0.40%)
(As of 01:49 PM ET)
Compare
Today's Range
858
879
50-Day Range
796.50
976.50
52-Week Range
790
1,139
Volume
41,966 shs
Average Volume
349,867 shs
Market Capitalization
£1.30 billion
P/E Ratio
1,659.62
Dividend Yield
7.76%
Price Target
GBX 1,082.75

Close Brothers Group MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
23.7% Upside
GBX 1,082.75 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.20mentions of Close Brothers Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
£15,011 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars


CBG stock logo

About Close Brothers Group (LON:CBG) Stock

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 various savings products, including personal and business savings, and pension deposits. It also provides asset finance, asset-based lending, commercial vehicle hire, short-term bridging finance, insurance premium finance, invoice discounting and debt factoring, and property finance products. In addition, the company offers funding services for general aviation aircraft, and various leisure and commercial marine vessels; brewery rentals; finance services to the agriculture, construction, manufacturing, and transport industries; leasing services for the construction, manufacturing, IT equipment, and specialist assets; and loan, hire purchase, leasing, and refinancing services to the professional service sector, including dental, medical, pharmacy, and veterinary sectors. Further, it provides financial education, investment management, and financial planning and advice services; self-directed services that help investors to manage their portfolio online; and services for financial advisers. Additionally, the company offers liquidity and flexible execution services to retail stockbrokers, wealth managers, and institutional investors; market making, sales, research, and corporate broking services; and dealing, custody, and settlement services to the institutional, wealth management, and brokerage clients. Close Brothers Group plc was founded in 1878 and is headquartered in London, the United Kingdom.

CBG Price History

CBG Stock News Headlines

Close Brothers Group (LON:CBG) Given "Buy" Rating at Shore Capital
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Close Brothers Says It Performed Well in 2H
Close Brothers Sees Good Demand In Its Banking Business
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
Close Brothers Group plc (CBG.L)
Close Bros Share Chat
A Close Encounter With a Merchant Bank
Close Brothers
See More Headlines
Receive CBG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Close Brothers Group and its competitors with MarketBeat's FREE daily newsletter.

CBG Company Calendar

Last Earnings
3/13/2018
Today
9/21/2023

Industry, Sector and Symbol

Industry
Banks—Regional
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
40,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
GBX 1,082.75
High Stock Price Forecast
GBX 1,200
Low Stock Price Forecast
GBX 950
Forecasted Upside/Downside
+25.0%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
£78.50 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£796 million
Cash Flow
GBX 951.15 per share
Book Value
GBX 1,075 per share

Miscellaneous

Free Float
N/A
Market Cap
£1.30 billion
Optionable
Not Optionable
Beta
0.89
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Key Executives

  • Mr. Adrian John Sainsbury (Age 55)
    CEO & Exec. Director
    Comp: $1.47M
  • Mr. Michael Bartlett Morgan (Age 58)
    CFO, Group Fin. Director & Exec. Director
    Comp: $872k
  • Mr. Simon Jacobs
    Group Chief Operating Officer
  • Camila Sugimura
    Deputy Head of Investor Relations
  • Ms. Angela Yotov
    Group Gen. Counsel
  • Ms. Sophie A. Ameln Gillingham
    Director of Investor Relations & Corp. Devel.
  • Ms. Rebekah Etherington
    Group Head of HR
  • Mr. Nigel Anthony Mottershead (Age 65)
    Head of Credit
  • Mr. Robert Sack
    Group Chief Risk Officer
  • Mr. Christophe Brière
    Managing Director













CBG Stock - Frequently Asked Questions

Should I buy or sell Close Brothers Group stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Close Brothers Group in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CBG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBG, but not buy additional shares or sell existing shares.
View CBG analyst ratings
or view top-rated stocks.

What is Close Brothers Group's stock price forecast for 2023?

5 Wall Street analysts have issued 12-month target prices for Close Brothers Group's stock. Their CBG share price forecasts range from GBX 950 to GBX 1,200. On average, they expect the company's share price to reach GBX 1,082.75 in the next year. This suggests a possible upside of 25.0% from the stock's current price.
View analysts price targets for CBG
or view top-rated stocks among Wall Street analysts.

How have CBG shares performed in 2023?

Close Brothers Group's stock was trading at GBX 1,047 at the beginning of the year. Since then, CBG stock has decreased by 17.2% and is now trading at GBX 866.50.
View the best growth stocks for 2023 here
.

How were Close Brothers Group's earnings last quarter?

Close Brothers Group plc (LON:CBG) released its quarterly earnings data on Tuesday, March, 13th. The company reported $71.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $68.50 by $2.70. The company earned $405.50 million during the quarter. Close Brothers Group had a trailing twelve-month return on equity of 4.88% and a net margin of 9.86%.

How often does Close Brothers Group pay dividends? What is the dividend yield for Close Brothers Group?

Close Brothers Group announced a dividend on Tuesday, March 14th. Shareholders of record on Thursday, March 23rd will be given a dividend of GBX 22.50 per share on Wednesday, April 26th. This represents a dividend yield of 2.21%. The ex-dividend date of this dividend is Thursday, March 23rd. The official announcement can be accessed at this link.
Read our dividend analysis for CBG
.

Is Close Brothers Group a good dividend stock?

Close Brothers Group (LON:CBG) pays an annual dividend of GBX 67 per share and currently has a dividend yield of 7.92%. CBG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 12,884.62%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CBG.

What other stocks do shareholders of Close Brothers Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Close Brothers Group investors own include The Sage Group (SGE), Hologic (HOLX), BHP Group (BHP), Herc (HRI), EZCORP (EZPW), (MBBYF) (MBBYF), Town Sports International (CLUB), Ascena Retail Group (ASNA), Aviva (AV) and AstraZeneca (AZN).

What is Close Brothers Group's stock symbol?

Close Brothers Group trades on the London Stock Exchange (LON) under the ticker symbol "CBG."

How do I buy shares of Close Brothers Group?

Shares of CBG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What is Close Brothers Group's stock price today?

One share of CBG stock can currently be purchased for approximately GBX 866.50.

How much money does Close Brothers Group make?

Close Brothers Group (LON:CBG) has a market capitalization of £1.30 billion and generates £796 million in revenue each year. The company earns £78.50 million in net income (profit) each year or GBX 0.52 on an earnings per share basis.

How many employees does Close Brothers Group have?

The company employs 40,000 workers across the globe.

How can I contact Close Brothers Group?

Close Brothers Group's mailing address is 10 Crown Place, LONDON, EC2A 4FT, United Kingdom. The official website for the company is www.closebrothers.com. The company can be reached via phone at +44-20-76553100.

This page (LON:CBG) was last updated on 9/21/2023 by MarketBeat.com Staff

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