Close Brothers Group plc Receives Hold Rating from Numis Securities Ltd (CBG)
Close Brothers Group plc (LON:CBG)‘s stock had its “hold” rating restated by Numis Securities Ltd in a research note issued on Friday. They currently have a GBX 1,325 ($22.29) target price on the stock. Numis Securities Ltd’s price objective indicates a potential downside of 0.23% from the company’s current price.
Close Brothers Group plc (LON:CBG) opened at 1336.00 on Friday. Close Brothers Group plc has a 52-week low of GBX 897.5001 and a 52-week high of GBX 1503.00. The stock has a 50-day moving average of GBX 1384. and a 200-day moving average of GBX 1366.. The company’s market cap is £1.968 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at HSBC reiterated an “overweight” rating on shares of Close Brothers Group plc in a research note on Tuesday, March 25th. They now have a GBX 1,560 ($26.24) price target on the stock. Separately, analysts at Canaccord Genuity upgraded shares of Close Brothers Group plc to a “buy” rating in a research note on Thursday, March 20th. They now have a GBX 1,800 ($30.28) price target on the stock, up previously from GBX 1,500 ($25.23). Finally, analysts at Berenberg Bank raised their price target on shares of Close Brothers Group plc from GBX 1,330 ($22.37) to GBX 1,640 ($27.59) in a research note on Wednesday, March 12th. They now have a “buy” rating on the stock. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Close Brothers Group plc currently has a consensus rating of “Buy” and an average target price of GBX 1,485.43 ($24.99).
Close Brothers Group plc is a United Kingdom-based specialist financial services company, which makes loans, trades securities and provides financial advice and investment management services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.