Close Brothers Group (CBG) Earns “Hold” Rating from Shore Capital

Close Brothers Group (LON:CBG)‘s stock had its “hold” rating reissued by equities research analysts at Shore Capital in a research note issued to investors on Friday, September 14th.

CBG has been the subject of several other reports. Peel Hunt reaffirmed an “add” rating on shares of Close Brothers Group in a report on Tuesday, May 22nd. Numis Securities raised shares of Close Brothers Group to an “add” rating in a report on Wednesday, July 18th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 1,563.33 ($20.43).

LON CBG traded down GBX 21 ($0.27) on Friday, hitting GBX 1,542 ($20.15). 395,503 shares of the company’s stock traded hands, compared to its average volume of 422,969. Close Brothers Group has a 1-year low of GBX 1,315 ($17.18) and a 1-year high of GBX 1,715 ($22.41).

In other Close Brothers Group news, insider Jonathan Howell sold 30,577 shares of Close Brothers Group stock in a transaction on Wednesday, September 26th. The shares were sold at an average price of GBX 1,604 ($20.96), for a total transaction of £490,455.08 ($640,866.43). In the last ninety days, insiders have acquired 29 shares of company stock worth $45,430.

Close Brothers Group Company Profile

Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals firms in the United Kingdom. It operates through five segments: Commercial Finance, Retail Finance, Property Finance, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts.

Featured Story: Diversification Important in Investing

Analyst Recommendations for Close Brothers Group (LON:CBG)

Receive News & Ratings for Close Brothers Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Close Brothers Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply