Close Brothers Group (CBG) Stock Rating Reaffirmed by Peel Hunt

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Close Brothers Group (LON:CBG)‘s stock had its “hold” rating reaffirmed by investment analysts at Peel Hunt in a report released on Tuesday, September 25th.

A number of other analysts have also recently weighed in on CBG. Numis Securities raised shares of Close Brothers Group to an “add” rating in a research note on Wednesday, July 18th. Shore Capital reaffirmed a “hold” rating on shares of Close Brothers Group in a research note on Wednesday, July 18th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. Close Brothers Group currently has an average rating of “Hold” and a consensus price target of GBX 1,563.33 ($20.43).

Shares of LON CBG traded up GBX 12 ($0.16) during midday trading on Tuesday, reaching GBX 1,480 ($19.34). 699,375 shares of the company were exchanged, compared to its average volume of 422,969. Close Brothers Group has a one year low of GBX 1,315 ($17.18) and a one year high of GBX 1,715 ($22.41).

In related news, insider Jonathan Howell sold 30,577 shares of the business’s stock in a transaction on Wednesday, September 26th. The shares were sold at an average price of GBX 1,604 ($20.96), for a total value of £490,455.08 ($640,866.43). In the last three months, insiders purchased 29 shares of company stock worth $45,430.

About Close Brothers Group

Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals firms in the United Kingdom. It operates through five segments: Commercial Finance, Retail Finance, Property Finance, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts.

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Analyst Recommendations for Close Brothers Group (LON:CBG)

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