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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Ford Stock Going Forward After Big Earnings Flop
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Indian tycoon Adani hit by more losses, calls for probe
Ford, Starbucks fall; Clorox, Gilead Sciences rise
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Ford Stock Going Forward After Big Earnings Flop
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Indian tycoon Adani hit by more losses, calls for probe
Ford, Starbucks fall; Clorox, Gilead Sciences rise
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Ford Stock Going Forward After Big Earnings Flop
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Indian tycoon Adani hit by more losses, calls for probe
Ford, Starbucks fall; Clorox, Gilead Sciences rise
LON:CBG

Close Brothers Group - CBG Share Forecast, Price & News

GBX 1,004
+9.50 (+0.96%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
985.50
1,005.80
50-Day Range
937.50
1,124
52-Week Range
872
1,339
Volume
311,361 shs
Average Volume
420,580 shs
Market Capitalization
£1.51 billion
P/E Ratio
912.73
Dividend Yield
6.84%
Price Target
GBX 1,236

Close Brothers Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
23.1% Upside
GBX 1,236 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.22mentions of Close Brothers Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
£14.70 M Sold 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.

1.74 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

Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Close Brothers Group (LON:CBG) Downgraded to "Hold" at Peel Hunt
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Close Bros Share Chat
A Close Encounter With a Merchant Bank
Close Brothers
Close Brothers Group Says Capital Position Remains Strong
See More Headlines
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CBG Company Calendar

Last Earnings
3/13/2018
Ex-Dividend for 11/22 Dividend
10/13/2022
Dividend Payable
11/22/2022
Today
2/04/2023

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 1,236
High Stock Price Forecast
GBX 1,480
Low Stock Price Forecast
GBX 950
Forecasted Upside/Downside
+23.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£904.70 million
Cash Flow
GBX 1,102.09 per share
Book Value
GBX 1,112 per share

Miscellaneous

Free Float
N/A
Market Cap
£1.51 billion
Optionable
Not Optionable
Beta
N/A

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?

6 Wall Street 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 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CBG shares.
View CBG analyst ratings
or view top-rated stocks.

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

6 brokerages have issued 12-month target prices for Close Brothers Group's shares. Their CBG share price forecasts range from GBX 950 to GBX 1,480. On average, they anticipate the company's share price to reach GBX 1,236 in the next twelve months. This suggests a possible upside of 23.1% 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 stock has decreased by 4.1% and is now trading at GBX 1,004.
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 EPS for the quarter, topping the consensus estimate of $68.50 by $2.70. The firm had revenue of $405.50 million for the quarter.

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

Close Brothers Group declared a dividend on Tuesday, September 27th. Stockholders of record on Thursday, October 13th will be paid a dividend of GBX 44 per share on Tuesday, November 22nd. This represents a yield of 4.38%. The ex-dividend date is Thursday, October 13th. This is a positive change from the stock's previous dividend of GBX 22. The official announcement can be viewed 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 0.64 per share and currently has a dividend yield of 6.84%. CBG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 58.18%. This payout ratio is at a healthy, sustainable level, below 75%.
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 1,004.

How much money does Close Brothers Group make?

Close Brothers Group (LON:CBG) has a market capitalization of £1.51 billion and generates £904.70 million in revenue each year.

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 2/4/2023 by MarketBeat.com Staff