Analysts Set Close Brothers Group plc (CBG) PT at $1,586.40

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Shares of Close Brothers Group plc (LON:CBG) have received a consensus rating of “Hold” from the eight research firms that are currently covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 1,586.40 ($20.73).

CBG has been the subject of several research reports. Shore Capital reiterated a “hold” rating on shares of Close Brothers Group in a research report on Thursday, November 15th. Peel Hunt reiterated a “hold” rating on shares of Close Brothers Group in a research report on Friday, December 7th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Close Brothers Group in a research report on Thursday, October 11th. Finally, Numis Securities downgraded shares of Close Brothers Group to a “hold” rating and set a GBX 1,693 ($22.12) price target for the company. in a research report on Tuesday, September 25th.

Shares of LON:CBG opened at GBX 1,499 ($19.59) on Friday. Close Brothers Group has a twelve month low of GBX 1,315 ($17.18) and a twelve month high of GBX 1,715 ($22.41).

In related news, insider Elizabeth Lee sold 12,000 shares of the business’s stock in a transaction dated Monday, October 22nd. The shares were sold at an average price of GBX 1,525 ($19.93), for a total value of £183,000 ($239,121.91).

About Close Brothers Group

Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, 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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