Close Brothers Group plc Given Consensus Rating of “Buy” by Analysts (LON:CBG)
Shares of Close Brothers Group plc (LON:CBG) have earned an average recommendation of “Buy” from the ten ratings firms that are currently covering the stock, American Banking News reports. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,487 ($24.95).
A number of research firms have recently commented on CBG. Analysts at Nomura reiterated a “buy” rating on shares of Close Brothers Group plc in a research note on Monday, July 28th. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Close Brothers Group plc in a research note on Thursday, July 24th. They now have a GBX 1,800 ($30.20) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Close Brothers Group plc in a research note on Thursday, July 24th. They now have a GBX 1,325 ($22.23) price target on the stock.
Close Brothers Group plc (LON:CBG) traded down 0.16% on Wednesday, hitting GBX 1258.00. The stock had a trading volume of 46,232 shares. Close Brothers Group plc has a 52-week low of GBX 1028.00 and a 52-week high of GBX 1503.00. The stock has a 50-day moving average of GBX 1268. and a 200-day moving average of GBX 1352.. The company’s market cap is £1.853 billion.
Close Brothers Group plc (LON:CBG) is a United Kingdom-based merchant banking group providing lending, deposit taking, wealth management services, and securities trading.
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