Close Brothers Group (LON:CBG - Get Free Report)'s stock had its "buy" rating reiterated by analysts at Shore Capital in a note issued to investors on Tuesday,Digital Look reports.
Separately, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Close Brothers Group from GBX 610 ($7.88) to GBX 600 ($7.75) and set a "hold" rating on the stock in a report on Thursday, February 13th.
Get Our Latest Analysis on Close Brothers Group
Close Brothers Group Stock Performance
CBG stock traded up GBX 9.71 ($0.13) during midday trading on Tuesday, reaching GBX 283.71 ($3.66). The stock had a trading volume of 5,252,866 shares, compared to its average volume of 2,539,628. The firm has a fifty day simple moving average of GBX 309.75 and a two-hundred day simple moving average of GBX 312.81. Close Brothers Group has a 52-week low of GBX 179.83 ($2.32) and a 52-week high of GBX 564 ($7.28). The stock has a market cap of £427.45 million, a PE ratio of 4.27, a P/E/G ratio of 1.87 and a beta of 0.82.
Close Brothers Group (LON:CBG - Get Free Report) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 30.90 ($0.40) earnings per share (EPS) for the quarter. Close Brothers Group had a return on equity of 5.78% and a net margin of 7.79%. On average, sell-side analysts predict that Close Brothers Group will post 66.0070671 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, insider Michael N. Biggs acquired 5,000 shares of the stock in a transaction on Wednesday, March 19th. The shares were acquired at an average price of GBX 288 ($3.72) per share, for a total transaction of £14,400 ($18,592.64). Insiders own 2.91% of the company's stock.
Close Brothers Group Company Profile
(
Get Free Report)
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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