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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
LON:CBG

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

GBX 904.50
-15.50 (-1.68%)
(As of 05/26/2023 07:40 PM ET)
Compare
Today's Range
901
932.50
50-Day Range
858.50
939.50
52-Week Range
843
1,169
Volume
176,604 shs
Average Volume
424,610 shs
Market Capitalization
£1.36 billion
P/E Ratio
1,706.60
Dividend Yield
7.41%
Price Target
GBX 1,082.75

Close Brothers Group MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
19.7% Upside
GBX 1,082.75 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.07mentions of Close Brothers Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
£1.82 M 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.

1.89 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.

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CBG Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Close Brothers Group (LON:CBG) Price Target Cut to GBX 1,150
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Close Brothers Group plc (CBG) To Go Ex-Dividend on March 23rd
Close Brothers Group plc (CBG.L)
Close Bros Share Chat
A Close Encounter With a Merchant Bank
See More Headlines
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CBG Company Calendar

Last Earnings
3/13/2018
Ex-Dividend for 4/26 Dividend
3/23/2023
Dividend Payable
4/26/2023
Today
5/29/2023

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Sector
Finance
CIK
N/A
Fax
N/A
Employees
3,700
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
+19.7%
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 992.86 per share
Book Value
GBX 1,075 per share

Miscellaneous

Free Float
N/A
Market Cap
£1.36 billion
Optionable
Not Optionable
Beta
0.90

Key Executives

  • Mr. Adrian John Sainsbury (Age 54)
    CEO & Exec. Director
    Comp: $1.47M
  • Mr. Michael Bartlett Morgan (Age 57)
    CFO, Group Fin. Director & Exec. Director
    Comp: $872k
  • Mr. Martyn Atkinson
    Group Chief Operating Officer
  • Ms. Sophie A. Ameln Gillingham
    Director of Investor Relations & Corp. Devel.
  • Camila Sugimura
    Deputy Head of Investor Relations
  • Ms. Angela Yotov
    Group Gen. Counsel
  • Ms. Rebekah Etherington
    Group Head of HR
  • Mr. Andreas Reinert
    Managing Director of Food & Consumer Goods - Germany
  • Mr. Nigel Anthony Mottershead (Age 64)
    Head of Credit
  • Mr. Robert Sack
    Group Chief Risk Officer













CBG Stock - Frequently Asked Questions

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

5 Wall Street equities research 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 equities research 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 research analysts have issued twelve-month price targets for Close Brothers Group's stock. Their CBG share price forecasts range from GBX 950 to GBX 1,200. On average, they predict the company's share price to reach GBX 1,082.75 in the next year. This suggests a possible upside of 19.7% 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 2023. Since then, CBG shares have decreased by 13.6% and is now trading at GBX 904.50.
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 analysts' consensus estimates of $68.50 by $2.70. The firm 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. Stockholders of record on Thursday, March 23rd will be given a dividend of GBX 22.50 per share on Wednesday, April 26th. This represents a yield of 2.21%. The ex-dividend date is Thursday, March 23rd. The official announcement can be seen 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 7.23%. CBG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 12,641.51%. 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 904.50.

How much money does Close Brothers Group make?

Close Brothers Group (LON:CBG) has a market capitalization of £1.36 billion and generates £796 million in revenue each year. The company earns £78.50 million in net income (profit) each year or GBX 0.53 on an earnings per share basis.

How many employees does Close Brothers Group have?

The company employs 3,700 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 5/29/2023 by MarketBeat.com Staff

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