Close Brothers Group (LON:CBG – Get Free Report)‘s stock had its “buy” rating reissued by research analysts at Shore Capital in a research report issued on Friday, Digital Look reports.
A number of other equities research analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft began coverage on Close Brothers Group in a research note on Friday, July 5th. They issued a “buy” rating and a GBX 610 ($7.92) price target for the company. Royal Bank of Canada raised Close Brothers Group to an “outperform” rating and lifted their target price for the company from GBX 375 ($4.87) to GBX 620 ($8.05) in a research note on Thursday, August 29th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 556.60 ($7.23).
View Our Latest Analysis on CBG
Close Brothers Group Stock Performance
Insider Activity at Close Brothers Group
In other news, insider Michael N. Biggs acquired 3,500 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The shares were acquired at an average cost of GBX 416 ($5.40) per share, with a total value of £14,560 ($18,904.18). Over the last three months, insiders bought 3,600 shares of company stock valued at $1,501,136. Insiders own 2.91% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Close Brothers Group
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Texas Roadhouse Stock Steering for New Highs This Year
- ESG Stocks, What Investors Should Know
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Close Brothers Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Close Brothers Group and related companies with MarketBeat.com's FREE daily email newsletter.