Close Brothers Group plc’s “Overweight” Rating Reiterated at Barclays (CBG)
Close Brothers Group plc (LON:CBG)‘s stock had its “overweight” rating restated by investment analysts at Barclays in a note issued to investors on Thursday. They currently have a GBX 1,500 ($24.82) price objective on the stock. Barclays’ price target suggests a potential upside of 13.12% from the company’s current price.
A number of other analysts have also recently weighed in 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 ($29.79) 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 ($21.93) price target on the stock. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Close Brothers Group plc has a consensus rating of “Buy” and a consensus target price of GBX 1,488.44 ($24.63).
Shares of Close Brothers Group plc (LON:CBG) opened at 1326.00 on Thursday. Close Brothers Group plc has a one year low of GBX 1028.00 and a one year high of GBX 1503.00. The stock’s 50-day moving average is GBX 1268. and its 200-day moving average is GBX 1350.. The company’s market cap is £1.953 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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