Close Brothers Group plc (LON:CBG) has earned an average recommendation of “Hold” from the twelve analysts that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 1,549.44 ($19.60).

CBG has been the topic of several recent research reports. Macquarie upped their target price on shares of Close Brothers Group plc from GBX 1,341 ($16.96) to GBX 1,500 ($18.98) and gave the company a “neutral” rating in a research report on Monday, March 20th. Peel Hunt cut shares of Close Brothers Group plc to a “hold” rating and set a GBX 1,600 ($20.24) target price on the stock. in a research report on Friday, May 19th. Numis Securities Ltd restated a “buy” rating and set a GBX 1,779 ($22.50) target price on shares of Close Brothers Group plc in a research report on Friday, May 19th. Shore Capital restated a “hold” rating on shares of Close Brothers Group plc in a research report on Friday, May 19th. Finally, Barclays PLC restated an “equal weight” rating and set a GBX 1,550 ($19.61) target price on shares of Close Brothers Group plc in a research report on Wednesday, March 15th.

COPYRIGHT VIOLATION NOTICE: “Close Brothers Group plc (CBG) Given Consensus Rating of “Hold” by Analysts” was first posted by American Banking News and is the sole property of of American Banking News. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/06/13/close-brothers-group-plc-cbg-given-consensus-rating-of-hold-by-analysts.html.

Shares of Close Brothers Group plc (LON:CBG) traded up 1.10% on Tuesday, hitting GBX 1566.00. The stock had a trading volume of 413,120 shares. The stock’s market cap is GBX 2.33 billion. Close Brothers Group plc has a 12 month low of GBX 975.00 and a 12 month high of GBX 1,715.00. The company has a 50 day moving average price of GBX 1,626.86 and a 200-day moving average price of GBX 1,521.61.

In related news, insider Elizabeth Lee sold 6,000 shares of the company’s stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of GBX 1,557 ($19.70), for a total transaction of £93,420 ($118,178.37). Insiders have purchased a total of 22 shares of company stock worth $35,526 over the last quarter.

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.

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.