Close Brothers Group plc (LON:CBG)‘s stock had its “hold” rating reaffirmed by analysts at Liberum Capital in a research report issued to clients and investors on Tuesday. They currently have a GBX 1,398 ($18.25) price target on the stock. Liberum Capital’s target price indicates a potential downside of 0.92% from the stock’s previous close.
A number of other research analysts also recently commented on CBG. Peel Hunt downgraded Close Brothers Group plc to an “add” rating and set a GBX 1,600 ($20.89) price target for the company. in a research note on Tuesday. Panmure Gordon reissued a “hold” rating and set a GBX 1,500 ($19.58) target price on shares of Close Brothers Group plc in a research note on Tuesday. Numis Securities Ltd downgraded Close Brothers Group plc to a “hold” rating and set a GBX 1,551 ($20.25) target price for the company. in a research note on Tuesday. Finally, Barclays PLC boosted their target price on Close Brothers Group plc from GBX 1,350 ($17.62) to GBX 1,400 ($18.27) and gave the stock an “overweight” rating in a research note on Tuesday, July 26th. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,453.67 ($18.97).
Close Brothers Group plc (LON:CBG) opened at 1395.00 on Tuesday. The company’s 50-day moving average is GBX 1,377.29 and its 200 day moving average is GBX 1,266.82. The company’s market cap is GBX 2.07 billion. Close Brothers Group plc has a 1-year low of GBX 975.00 and a 1-year high of GBX 1,569.00.
About Close Brothers Group plc
Close Brothers Group plc is a United Kingdom-based merchant banking company. The Company provides lending, deposit taking, wealth management services and securities trading. The Company operates through three divisions: banking, which provides a range of lending products to the United Kingdom small and medium enterprises (SMEs), as well as installment payment solutions to the United Kingdom retail borrowers; securities, which provides dealing and execution services to financial institutions through Winterflood, and asset management, which provides wealth management service for individuals, incorporating both financial planning advice and investment management.
Receive News & Ratings for Close Brothers Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Close Brothers Group plc and related companies with MarketBeat.com's FREE daily email newsletter.