Deutsche Bank Aktiengesellschaft began coverage on shares of Close Brothers Group (LON:CBG – Free Report) in a research report report published on Friday, MarketBeat reports. The brokerage issued a buy rating and a GBX 610 ($7.81) price objective on the stock.
A number of other research firms have also weighed in on CBG. Royal Bank of Canada reissued a sector perform rating and set a GBX 375 ($4.80) target price on shares of Close Brothers Group in a report on Wednesday, March 20th. Shore Capital reissued a buy rating on shares of Close Brothers Group in a report on Wednesday, May 22nd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus target price of GBX 583.17 ($7.47).
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Close Brothers Group Trading Up 1.0 %
Insider Buying and Selling at Close Brothers Group
In other news, insider Patricia Halliday acquired 500 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The shares were purchased at an average cost of GBX 453 ($5.80) per share, with a total value of £2,265 ($2,901.24). In related news, insider Patricia Halliday bought 500 shares of the business’s stock in a transaction dated Tuesday, April 23rd. The stock was purchased at an average cost of GBX 453 ($5.80) per share, for a total transaction of £2,265 ($2,901.24). Also, insider Mark Pain bought 4,000 shares of the business’s stock in a transaction dated Friday, April 19th. The shares were bought at an average price of GBX 444 ($5.69) per share, with a total value of £17,760 ($22,748.82). Insiders have bought a total of 4,592 shares of company stock valued at $2,047,450 in the last ninety days. 2.11% of the stock is currently owned by corporate insiders.
Close Brothers Group Company Profile
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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