Close Brothers Group plc (LON:CBG - Get Free Report) insider Mike Morgan sold 10,885 shares of the company's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of GBX 241 ($3.06), for a total transaction of £26,232.85 ($33,281.97).
Close Brothers Group Stock Performance
LON:CBG traded up GBX 0.60 ($0.01) during trading hours on Monday, hitting GBX 234.60 ($2.98). The company's stock had a trading volume of 667,940 shares, compared to its average volume of 1,039,454. Close Brothers Group plc has a 52-week low of GBX 179.83 ($2.28) and a 52-week high of GBX 819 ($10.39). The business's 50-day moving average is GBX 268.40 and its two-hundred day moving average is GBX 404.82. The company has a market capitalization of £353.05 million, a PE ratio of 391.00, a PEG ratio of 1.87 and a beta of 0.82.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on CBG. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 610 ($7.74) price target on shares of Close Brothers Group in a research note on Friday, November 22nd. Shore Capital restated a "buy" rating on shares of Close Brothers Group in a research report on Thursday, November 21st. Finally, Royal Bank of Canada raised shares of Close Brothers Group to an "outperform" rating and lifted their target price for the company from GBX 375 ($4.76) to GBX 620 ($7.87) in a report on Thursday, August 29th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of GBX 556.60 ($7.06).
Get Our Latest Analysis on Close Brothers Group
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.
Further Reading
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