Close Brothers Group plc (LON:CBG) insider Rebekah Etherington acquired 10 shares of the firm’s stock in a transaction on Thursday, October 5th. The stock was acquired at an average cost of GBX 1,475 ($19.56) per share, with a total value of £147.50 ($195.65).
Rebekah Etherington also recently made the following trade(s):
- On Tuesday, October 3rd, Rebekah Etherington sold 19,477 shares of Close Brothers Group plc stock. The stock was sold at an average price of GBX 1,474 ($19.55), for a total transaction of £287,090.98 ($380,807.77).
- On Tuesday, September 5th, Rebekah Etherington acquired 10 shares of Close Brothers Group plc stock. The stock was acquired at an average cost of GBX 1,535 ($20.36) per share, with a total value of £153.50 ($203.61).
Close Brothers Group plc (LON:CBG) opened at 1491.00 on Monday. The stock’s 50 day moving average is GBX 1,516.54 and its 200 day moving average is GBX 1,555.11. The firm’s market cap is GBX 2.23 billion. Close Brothers Group plc has a one year low of GBX 1,222.00 and a one year high of GBX 1,715.00.
Close Brothers Group plc (LON:CBG) last announced its quarterly earnings results on Tuesday, September 26th. The company reported GBX 131.70 ($1.75) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 130.10 ($1.73) by GBX 1.60 ($0.02). Close Brothers Group plc had a return on equity of 17.25% and a net margin of 23.84%. The firm had revenue of £765.60 million for the quarter. On average, equities research analysts expect that Close Brothers Group plc will post $129.77 earnings per share for the current year.
The business also recently declared a dividend, which will be paid on Tuesday, November 21st. Shareholders of record on Thursday, October 12th will be given a GBX 40 ($0.53) dividend. This represents a yield of 2.71%. This is a boost from Close Brothers Group plc’s previous dividend of $20.00. The ex-dividend date of this dividend is Thursday, October 12th.
A number of equities analysts have commented on CBG shares. Numis Securities Ltd downgraded shares of Close Brothers Group plc to a “hold” rating and decreased their price objective for the stock from GBX 1,779 ($23.60) to GBX 1,557 ($20.65) in a report on Monday, July 3rd. Liberum Capital lifted their price objective on shares of Close Brothers Group plc from GBX 1,400 ($18.57) to GBX 1,535 ($20.36) and gave the stock a “hold” rating in a report on Friday, July 14th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 1,600 ($21.22) price objective on shares of Close Brothers Group plc in a report on Friday, July 21st. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 1,550 ($20.56) price objective on shares of Close Brothers Group plc in a report on Monday, July 24th. Finally, J P Morgan Chase & Co lifted their price objective on shares of Close Brothers Group plc from GBX 1,780 ($23.61) to GBX 1,800 ($23.88) and gave the stock an “overweight” rating in a report on Monday, July 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,554.13 ($20.61).
Close Brothers Group plc Company Profile
Close Brothers Group plc is a merchant banking company. The Company provides lending, deposit taking, wealth management services and securities trading. The Company operates through three segments: Banking, Securities and Asset Management. The Banking segment provides lending to small businesses and individuals, with an emphasis on specialist finance.
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