Close Brothers Group plc (LON:CBG) Insider Preben Prebensen Acquires 10 Shares
Close Brothers Group plc (LON:CBG) insider Preben Prebensen acquired 10 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The shares were acquired at an average cost of GBX 1,515 ($19.73) per share, for a total transaction of £151.50 ($197.29).
Shares of Close Brothers Group plc (CBG) traded up 0.71% during midday trading on Tuesday, hitting GBX 1564.00. 88,538 shares of the stock traded hands. The company’s market capitalization is GBX 2.32 billion. The firm’s 50 day moving average price is GBX 1,513.90 and its 200 day moving average price is GBX 1,547.60. Close Brothers Group plc has a 12-month low of GBX 1,125.00 and a 12-month high of GBX 1,715.00.
Several equities analysts recently weighed in on the stock. Macquarie lowered shares of Close Brothers Group plc to an “underperform” rating and set a GBX 1,430 ($18.62) price objective on the stock. in a research report on Tuesday, May 9th. Shore Capital reaffirmed a “hold” rating on shares of Close Brothers Group plc in a research report on Friday, May 19th. Peel Hunt lowered shares of Close Brothers Group plc to a “hold” rating and set a GBX 1,600 ($20.84) price objective on the stock. in a research report on Friday, May 19th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 1,779 ($23.17) price target on shares of Close Brothers Group plc in a report on Friday, May 19th. Finally, Liberum Capital reiterated a “hold” rating and set a GBX 1,400 ($18.23) price target on shares of Close Brothers Group plc in a report on Friday, May 19th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 1,539.60 ($20.05).
About Close Brothers Group plc
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.
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