Close Brothers Group (LON:CBG - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 30.90 ($0.40) EPS for the quarter, Digital Look Earnings reports. Close Brothers Group had a return on equity of 5.78% and a net margin of 7.79%.
Close Brothers Group Stock Performance
Shares of LON CBG traded up GBX 9.71 ($0.13) during trading on Friday, 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. Close Brothers Group has a fifty-two week low of GBX 179.83 ($2.32) and a fifty-two week high of GBX 564 ($7.28). The business's 50-day moving average price is GBX 309.75 and its 200-day moving average price is GBX 312.81. The company has a market cap of £427.45 million, a P/E ratio of 4.27, a PEG ratio of 1.87 and a beta of 0.82.
Analysts Set New Price Targets
CBG has been the topic of a number of research analyst reports. Shore Capital restated a "buy" rating on shares of Close Brothers Group in a research report on Tuesday. Deutsche Bank Aktiengesellschaft dropped their price objective on Close Brothers Group from GBX 610 ($7.88) to GBX 600 ($7.75) and set a "hold" rating for the company in a research note on Thursday, February 13th.
View Our Latest Stock Report on CBG
Insider Activity
In other news, insider Michael N. Biggs acquired 5,000 shares of the company's stock in a transaction dated Wednesday, March 19th. The stock was acquired at an average cost of GBX 288 ($3.72) per share, with a total value of £14,400 ($18,592.64). Insiders own 2.91% of the company's stock.
About Close Brothers Group
(
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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