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Equities research analysts at Berenberg Bank lifted their price objective on shares of Close Brothers Group plc (LON:CBG) from GBX 1,640 ($27.22) to GBX 1,665 ($27.63) in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 21.53% from the company’s current price.

Close Brothers Group plc (LON:CBG) traded up 1.11% during mid-day trading on Tuesday, hitting GBX 1370.00. The stock had a trading volume of 171,737 shares. Close Brothers Group plc has a 1-year low of GBX 1047.00 and a 1-year high of GBX 1503.00. The stock has a 50-day moving average of GBX 1280.18 and a 200-day moving average of GBX 1349.. The company’s market cap is £2.018 billion.

CBG has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Close Brothers Group plc in a research note on Thursday, August 28th. They now have a GBX 1,500 ($24.89) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Close Brothers Group plc in a research note on Monday, July 28th. Finally, 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 ($29.87) price target on the stock. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 1,491.22 ($24.75).

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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