S&P 500   4,268.57 (-0.36%)
DOW   33,673.59 (+0.30%)
QQQ   348.32 (-1.84%)
AAPL   177.54 (-0.93%)
MSFT   322.68 (-3.30%)
META   263.75 (-2.72%)
GOOGL   122.32 (-3.92%)
AMZN   120.97 (-4.45%)
TSLA   223.69 (+1.08%)
NVDA   374.51 (-3.11%)
NIO   7.79 (-1.14%)
BABA   85.39 (-1.51%)
AMD   117.32 (-5.56%)
T   16.06 (+2.49%)
F   13.54 (+4.72%)
MU   67.00 (-0.80%)
CGC   0.72 (-2.80%)
GE   105.85 (+0.37%)
DIS   92.52 (+0.39%)
AMC   4.71 (+1.51%)
PFE   38.89 (+1.36%)
PYPL   64.13 (-1.37%)
NFLX   400.08 (+0.20%)
S&P 500   4,268.57 (-0.36%)
DOW   33,673.59 (+0.30%)
QQQ   348.32 (-1.84%)
AAPL   177.54 (-0.93%)
MSFT   322.68 (-3.30%)
META   263.75 (-2.72%)
GOOGL   122.32 (-3.92%)
AMZN   120.97 (-4.45%)
TSLA   223.69 (+1.08%)
NVDA   374.51 (-3.11%)
NIO   7.79 (-1.14%)
BABA   85.39 (-1.51%)
AMD   117.32 (-5.56%)
T   16.06 (+2.49%)
F   13.54 (+4.72%)
MU   67.00 (-0.80%)
CGC   0.72 (-2.80%)
GE   105.85 (+0.37%)
DIS   92.52 (+0.39%)
AMC   4.71 (+1.51%)
PFE   38.89 (+1.36%)
PYPL   64.13 (-1.37%)
NFLX   400.08 (+0.20%)
S&P 500   4,268.57 (-0.36%)
DOW   33,673.59 (+0.30%)
QQQ   348.32 (-1.84%)
AAPL   177.54 (-0.93%)
MSFT   322.68 (-3.30%)
META   263.75 (-2.72%)
GOOGL   122.32 (-3.92%)
AMZN   120.97 (-4.45%)
TSLA   223.69 (+1.08%)
NVDA   374.51 (-3.11%)
NIO   7.79 (-1.14%)
BABA   85.39 (-1.51%)
AMD   117.32 (-5.56%)
T   16.06 (+2.49%)
F   13.54 (+4.72%)
MU   67.00 (-0.80%)
CGC   0.72 (-2.80%)
GE   105.85 (+0.37%)
DIS   92.52 (+0.39%)
AMC   4.71 (+1.51%)
PFE   38.89 (+1.36%)
PYPL   64.13 (-1.37%)
NFLX   400.08 (+0.20%)
S&P 500   4,268.57 (-0.36%)
DOW   33,673.59 (+0.30%)
QQQ   348.32 (-1.84%)
AAPL   177.54 (-0.93%)
MSFT   322.68 (-3.30%)
META   263.75 (-2.72%)
GOOGL   122.32 (-3.92%)
AMZN   120.97 (-4.45%)
TSLA   223.69 (+1.08%)
NVDA   374.51 (-3.11%)
NIO   7.79 (-1.14%)
BABA   85.39 (-1.51%)
AMD   117.32 (-5.56%)
T   16.06 (+2.49%)
F   13.54 (+4.72%)
MU   67.00 (-0.80%)
CGC   0.72 (-2.80%)
GE   105.85 (+0.37%)
DIS   92.52 (+0.39%)
AMC   4.71 (+1.51%)
PFE   38.89 (+1.36%)
PYPL   64.13 (-1.37%)
NFLX   400.08 (+0.20%)
LON:CBG

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

GBX 963.50
-12.00 (-1.23%)
(As of 04:35 PM ET)
Compare
Today's Range
958.50
▼
998.50
50-Day Range
858.50
▼
975.50
52-Week Range
843
▼
1,169
Volume
223,244 shs
Average Volume
413,100 shs
Market Capitalization
£1.45 billion
P/E Ratio
1,817.92
Dividend Yield
6.95%
Price Target
GBX 1,082.75
ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlines

Close Brothers Group MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
12.4% Upside
GBX 1,082.75 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Close Brothers Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
£1.84 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.

1.68 out of 5 stars

See Top Rated MarketRank™ Stocks Here

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.

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 Stock News Headlines

June 7, 2023 | americanbankingnews.com
Insider Buying: Close Brothers Group plc (LON:CBG) Insider Buys 15 Shares of Stock
May 30, 2023 | finanznachrichten.de
Close Brothers Sees Good Demand In Its Banking Business
June 7, 2023 | Vantage Point (Ad)
Having Trouble in Your Trading?
If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. You can sit on the sideline when it feels right or anticipate massive trend reversals with A.I. like I’ll show you in this upcoming FREE Live A.I. Stock Market Training.
May 26, 2023 | americanbankingnews.com
Close Brothers Group (LON:CBG) Rating Reiterated by Shore Capital
May 26, 2023 | msn.com
Shore Capital Reiterates Close Brothers Group (LSE:CBG) Buy Recommendation
May 22, 2023 | nypost.com
Yonkers Mayor Mike Spano’s brothers run lobbying firm with biz before city
May 11, 2023 | americanbankingnews.com
Adrian Sainsbury Purchases 17 Shares of Close Brothers Group plc (LON:CBG) Stock
April 30, 2023 | americanbankingnews.com
Close Brothers Group plc (LON:CBG) Insider Purchases £105.60 in Stock
June 7, 2023 | Vantage Point (Ad)
Having Trouble in Your Trading?
If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. You can sit on the sideline when it feels right or anticipate massive trend reversals with A.I. like I’ll show you in this upcoming FREE Live A.I. Stock Market Training.
April 16, 2023 | americanbankingnews.com
Close Brothers Group (LON:CBG) Price Target Cut to GBX 1,150
April 8, 2023 | americanbankingnews.com
Adrian Sainsbury Buys 17 Shares of Close Brothers Group plc (LON:CBG) Stock
March 27, 2023 | americanbankingnews.com
Michael N. Biggs Purchases 1,000 Shares of Close Brothers Group plc (LON:CBG) Stock
March 24, 2023 | americanbankingnews.com
Analysts Set Close Brothers Group plc (LON:CBG) PT at GBX 1,182.20
March 21, 2023 | americanbankingnews.com
Close Brothers Group plc (CBG) To Go Ex-Dividend on March 23rd
February 24, 2023 | uk.news.yahoo.com
Forget a Cash ISA! Here are 2 dividend shares I’d buy in March instead
February 20, 2023 | finance.yahoo.com
Close Brothers Group plc (CBG.L)
January 26, 2023 | finanznachrichten.de
Close Brothers Posts Resilient Performance; Plans To Resolve Issues Surrounding Novitas Loan Book
January 16, 2023 | finance.yahoo.com
The three-year shareholder returns and company earnings persist lower as Close Brothers Group (LON:CBG) stock falls a further 4.7% in past week
January 2, 2023 | msn.com
Band of Brothers: Where the Cast is Today
December 6, 2022 | finance.yahoo.com
Great news for Close Brothers Group plc (LON:CBG): Insiders acquired stock in large numbers last year
September 27, 2022 | finance.yahoo.com
Edited Transcript of CBRO.L earnings conference call or presentation 27-Sep-22 8:30am GMT
September 8, 2022 | msn.com
'Band of Brothers' 10 Actors and Where Are They Now
September 4, 2022 | fool.co.uk
3 juicy income stocks I’m using to create a second revenue stream!
July 21, 2022 | marketwatch.com
Close Brothers Performed Well in FY 2022 to Date; Loan Book Rose
June 9, 2022 | lse.co.uk
Close Bros Share Chat
June 7, 2022 | finance.yahoo.com
A Close Encounter With a Merchant Bank
May 20, 2022 | proactiveinvestors.com.au
FTSE 100 gets that Friday feeling as China keeps its one-year lending rate on hold
See More Headlines

CBG Price History

CBG Company Calendar

Last Earnings
3/13/2018
Ex-Dividend for 4/26 Dividend
3/23/2023
Dividend Payable
4/26/2023
Today
6/07/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
LON
Industry
Asset Management
Sub-Industry
N/A
Sector
Finance
Current Symbol
LON:CBG
CUSIP
N/A
CIK
N/A
Web
www.closebrothers.com
Phone
+44-20-76553100
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
+12.4%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
GBX 0.53
Trailing P/E Ratio
1,817.92
Forward P/E Ratio
8.87
P/E Growth
1.87
Net Income
£78.50 million
Net Margins
9.86%
Pretax Margin
N/A
Return on Equity
4.88%
Return on Assets
0.62%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
£796 million
Price / Sales
1.82
Cash Flow
GBX 1,057.63 per share
Price / Cash Flow
0.91
Book Value
GBX 1,075 per share
Price / Book
0.90

Miscellaneous

Outstanding Shares
150,370,000
Free Float
N/A
Market Cap
£1.45 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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













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 equities research analysts have issued 12-month target prices for Close Brothers Group's shares. Their CBG share price forecasts range from GBX 950 to GBX 1,200. On average, they anticipate the company's share price to reach GBX 1,082.75 in the next year. This suggests a possible upside of 12.4% 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 start of the year. Since then, CBG stock has decreased by 8.0% and is now trading at GBX 963.50.
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 earnings results 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. Investors of record on Thursday, March 23rd will be paid 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 7.23%. 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 963.50.

How much money does Close Brothers Group make?

Close Brothers Group (LON:CBG) has a market capitalization of £1.45 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 6/7/2023 by MarketBeat.com Staff

My Account -