Close Brothers Group (LON:CBG)‘s stock had its “hold” rating reissued by research analysts at Liberum Capital in a research note issued on Friday. They currently have a GBX 1,464 ($19.85) target price on the stock. Liberum Capital’s target price would indicate a potential downside of 2.33% from the company’s current price.

Several other research analysts have also weighed in on CBG. Numis Securities reiterated a “hold” rating and set a GBX 1,575 ($21.36) target price on shares of Close Brothers Group in a report on Tuesday, September 26th. Peel Hunt reissued a “hold” rating and issued a GBX 1,600 ($21.70) price target on shares of Close Brothers Group in a research note on Tuesday, September 26th. Shore Capital reissued a “hold” rating on shares of Close Brothers Group in a research note on Tuesday, September 26th. Barclays dropped their price target on Close Brothers Group from GBX 1,550 ($21.02) to GBX 1,450 ($19.66) and set an “equal weight” rating on the stock in a research note on Wednesday, September 27th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,800 ($24.41) price target on shares of Close Brothers Group in a research note on Wednesday, September 27th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. Close Brothers Group presently has a consensus rating of “Hold” and a consensus target price of GBX 1,518.50 ($20.59).

Close Brothers Group (CBG) traded up GBX 25 ($0.34) during mid-day trading on Friday, reaching GBX 1,499 ($20.33). The company’s stock had a trading volume of 250,535 shares, compared to its average volume of 317,583. The company has a market capitalization of $2,270.00 and a price-to-earnings ratio of 1,171.09. Close Brothers Group has a 52-week low of GBX 1,315 ($17.83) and a 52-week high of GBX 1,715 ($23.26).

In related news, insider Rebekah Etherington sold 779 shares of Close Brothers Group stock in a transaction dated Monday, October 16th. The stock was sold at an average price of GBX 1,155 ($15.66), for a total value of £8,997.45 ($12,201.59). In the last ninety days, insiders purchased 42 shares of company stock worth $59,208.

TRADEMARK VIOLATION NOTICE: “Liberum Capital Reaffirms Hold Rating for Close Brothers Group (CBG)” was first published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another site, it was copied illegally and reposted in violation of US & international copyright law. The original version of this news story can be accessed at

Close Brothers Group 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.

Analyst Recommendations for Close Brothers Group (LON:CBG)

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