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Close Brothers Group (CBG) Stock Forecast & Price Target

Close Brothers Group logo
GBX 217.80 +2.80 (+1.30%)
(As of 12:44 PM ET)

Close Brothers Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
5

Based on 5 Wall Street analysts who have issued ratings for Close Brothers Group in the last 12 months, the stock has a consensus rating of "Buy." Out of the 5 analysts, 5 have given a buy rating for CBG.

Consensus Price Target

GBX 556.60
According to the 5 analysts' twelve-month price targets for Close Brothers Group, the average price target is GBX 556.60. The highest price target for CBG is GBX 665, while the lowest price target for CBG is GBX 425. The average price target represents a forecasted upside of 155.56% from the current price of GBX 217.80.
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CBG Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetGBX 556.60GBX 556.60GBX 583.17GBX 1,052.75
Consensus Rating
Buy
Buy
Moderate Buy
Hold

CBG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CBG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Close Brothers Group Stock vs. The Competition

TypeClose Brothers GroupFinancial Services Companies
Consensus Rating Score
3.00
2.63
Consensus RatingBuyModerate Buy
News Sentiment Rating
Neutral News

See Recent CBG News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/21/2024Shore Capital
1 of 5 stars
 Reiterated RatingBuy
8/29/2024Royal Bank of Canada
4 of 5 stars
 UpgradeOutperformGBX 375 ➝ GBX 620+17.98%
7/5/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Initiated CoverageBuyGBX 610+24.14%
2/21/2024Canaccord Genuity Group
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 Reiterated RatingSpeculative BuyGBX 463+36.16%
2/15/2024Berenberg Bank
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 Lower TargetBuyGBX 1,100 ➝ GBX 425+45.05%
9/26/2023Peel Hunt
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 Reiterated RatingHoldGBX 961+10.46%
1/26/2023JPMorgan Chase & Co.
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 Lower TargetUnderweightGBX 1,120 ➝ GBX 950-1.55%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:19 PM ET.


CBG Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Close Brothers Group is GBX 556.60, with a high forecast of GBX 665 and a low forecast of GBX 425.

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Close Brothers Group in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CBG shares.

According to analysts, Close Brothers Group's stock has a predicted upside of 155.56% based on their 12-month stock forecasts.

Over the previous 90 days, Close Brothers Group's stock had 1 upgrade by analysts.

Close Brothers Group has been rated by research analysts at Royal Bank of Canada, and Shore Capital in the past 90 days.

Analysts like Close Brothers Group more than other "financial services" companies. The consensus rating for Close Brothers Group is Buy while the average consensus rating for "financial services" companies is Moderate Buy. Learn more on how CBG compares to other companies.


This page (LON:CBG) was last updated on 11/21/2024 by MarketBeat.com Staff
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