Shares of Close Brothers Group plc (LON:CBG – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 481.25.
A number of research firms have weighed in on CBG. UBS Group reissued a “buy” rating and set a GBX 555 price objective on shares of Close Brothers Group in a research note on Monday, May 18th. Royal Bank Of Canada lowered Close Brothers Group to a “sector perform” rating and reduced their price target for the stock from GBX 625 to GBX 470 in a report on Monday, July 6th.
View Our Latest Stock Analysis on CBG
Close Brothers Group Stock Performance
Insider Buying and Selling
In other Close Brothers Group news, insider Fiona McCarthy sold 1,626 shares of Close Brothers Group stock in a transaction dated Friday, July 31st. The shares were sold at an average price of GBX 426, for a total transaction of £6,926.76. 2.21% of the stock is owned by company insiders.
About Close Brothers Group
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 banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.
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