Equities researchers at JPMorgan Chase boosted their target price on shares of Close Brothers Group (LON: CBG) from $14.89 (986 GBX) to $16.07 (1064 GBX) in a report issued on Tuesday. The firm currently has an “overweight” rating on the stock.
Close Brothers Group (LON: CBG) traded down 0.90% on Tuesday, hitting GBX 1097.00. Close Brothers Group has a 1-year low of GBX 673.50 and a 1-year high of GBX 1100.2889. The stock’s 50-day moving average is currently GBX 845.6. The company’s market cap is £1.596 billion.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Close Brothers Group from $17.92 to $19.71 in a research note to investors on Tuesday, March 12th. They now have a “buy” rating on the stock.
Close Brothers Group plc is a specialist financial services company, which makes loans, trades securities and provides advice and investment management solutions to a range of clients.