Close Brothers Group plc (LON:CBG)‘s stock had its “hold” rating reiterated by equities researchers at Shore Capital in a research report issued to clients and investors on Friday.

A number of other research analysts have also recently commented on the stock. Peel Hunt reaffirmed an “add” rating and issued a GBX 1,600 ($20.81) target price on shares of Close Brothers Group plc in a research report on Monday, March 27th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,650 ($21.46) target price on shares of Close Brothers Group plc in a research report on Monday, January 23rd. Liberum Capital reissued a “hold” rating and set a GBX 1,400 ($18.21) price target on shares of Close Brothers Group plc in a research report on Tuesday, March 14th. Barclays PLC reissued an “equal weight” rating and set a GBX 1,550 ($20.16) price target on shares of Close Brothers Group plc in a research report on Wednesday, March 15th. Finally, Numis Securities Ltd raised shares of Close Brothers Group plc to a “buy” rating and set a GBX 1,779 ($23.14) price target on the stock in a research report on Tuesday, February 7th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,549.44 ($20.16).

Analyst Recommendations for Close Brothers Group plc (LON:CBG)

Close Brothers Group plc (LON:CBG) traded down 0.50% on Friday, reaching GBX 1598.00. 366,246 shares of the company’s stock were exchanged. The stock’s market cap is GBX 2.37 billion. Close Brothers Group plc has a one year low of GBX 975.00 and a one year high of GBX 1,715.00. The firm has a 50 day moving average of GBX 1,631.00 and a 200-day moving average of GBX 1,493.75.

The firm also recently declared a dividend, which was paid on Wednesday, April 26th. Stockholders of record on Thursday, March 23rd were given a dividend of GBX 20 ($0.26) per share. The ex-dividend date of this dividend was Thursday, March 23rd. This represents a dividend yield of 1.28%.

ILLEGAL ACTIVITY WARNING: “Close Brothers Group plc (CBG) Rating Reiterated by Shore Capital” was first posted by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/05/22/close-brothers-group-plc-cbg-rating-reiterated-by-shore-capital.html.

In other news, insider Elizabeth Lee sold 6,000 shares of the stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of GBX 1,557 ($20.25), for a total transaction of £93,420 ($121,529.86). Insiders have bought 32 shares of company stock worth $50,606 in the last three months.

Close Brothers Group plc Company Profile

Close Brothers Group plc is a merchant banking company. The Company provides lending, deposit taking, wealth management services and securities trading. The Company operates through three segments: Banking, Securities and Asset Management. The Banking segment provides lending to small businesses and individuals, with an emphasis on specialist finance.

12 Month Chart for LON:CBG

Receive News & Ratings for Close Brothers Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Close Brothers Group plc and related companies with MarketBeat.com's FREE daily email newsletter.