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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
Urgent Warning (Ad)
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
Urgent Warning (Ad)
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
Urgent Warning (Ad)
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
LON:CBG

Close Brothers Group - CBG Share Forecast, Price & News

GBX 876
-17.00 (-1.90%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
855.50
▼
891.50
50-Day Range
876
▼
1,092
52-Week Range
843
▼
1,259
Volume
399,378 shs
Average Volume
528,880 shs
Market Capitalization
£1.32 billion
P/E Ratio
1,717.65
Dividend Yield
7.65%
Price Target
GBX 1,182.20

Close Brothers Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
35.0% Upside
GBX 1,182.20 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.04mentions of Close Brothers Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
£1.91 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.

2.28 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.

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CBG Stock News Headlines

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
March 26, 2023 | Oxford Club (Ad)
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
March 20, 2023 | americanbankingnews.com
Close Brothers Group plc (LON:CBG) Insider Acquires £9,200 in Stock
March 18, 2023 | americanbankingnews.com
Close Brothers Group (LON:CBG) PT Lowered to GBX 1,200 at Royal Bank of Canada
March 18, 2023 | americanbankingnews.com
Close Brothers Group (LON:CBG) Given "Buy" Rating at Shore Capital
March 17, 2023 | americanbankingnews.com
Close Brothers Group's (CBG) "Hold" Rating Reiterated at Peel Hunt
March 17, 2023 | americanbankingnews.com
Close Brothers Group's (CBG) "Buy" Rating Reiterated at Shore Capital
March 26, 2023 | Oxford Club (Ad)
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
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
May 20, 2022 | proactiveinvestors.com.au
FTSE 100 has sparkling morning after China cuts its five-year lending rate
May 20, 2022 | marketwatch.com
Close Brothers Performed Well in 3Q; Year-To-Date Bad Debt Ratio Rose to 1.2%
May 16, 2022 | uk.finance.yahoo.com
Can the Close Brothers dividend ride out economic uncertainty?
May 3, 2022 | fool.co.uk
Close Brothers
March 23, 2022 | finance.yahoo.com
Adrian Sainsbury Is The CEO & Executive Director of Close Brothers Group plc (LON:CBG) And They Just Picked Up 4.1% More Shares
July 28, 2021 | finanznachrichten.de
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 4/26 Dividend
3/23/2023
Today
3/25/2023
Dividend Payable
4/26/2023
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 1,182.20
High Stock Price Forecast
GBX 1,480
Low Stock Price Forecast
GBX 950
Forecasted Upside/Downside
+35.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
GBX 0.51
Trailing P/E Ratio
1,717.65
Forward P/E Ratio
10.76
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
1.65
Cash Flow
GBX 961.58 per share
Price / Cash Flow
0.91
Book Value
GBX 1,075 per share
Price / Book
0.81

Miscellaneous

Outstanding Shares
150,370,000
Free Float
N/A
Market Cap
£1.32 billion
Optionable
Not Optionable
Beta
0.94

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?

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 equities research analysts have issued 12 month price targets 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 stock price to reach GBX 1,182.20 in the next year. This suggests a possible upside of 35.0% 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 shares have decreased by 16.3% and is now trading at GBX 876.
View the best growth stocks for 2023 here.

How were Close Brothers Group's earnings last quarter?

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

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, March 14th. Investors 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 7.22%. CBG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 13,137.25%. 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 876.

How much money does Close Brothers Group make?

Close Brothers Group (LON:CBG) has a market capitalization of £1.32 billion and generates £796 million in revenue each year. The company earns £78.50 million in net income (profit) each year or GBX 0.51 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 3/26/2023 by MarketBeat.com Staff