CLOSE BROS GRP/ADR (OTCMKTS:CBGPY) Lifted to Outperform at Royal Bank of Canada

CLOSE BROS GRP/ADR (OTCMKTS:CBGPY) was upgraded by equities researchers at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a report released on Wednesday, The Fly reports.

Several other research analysts also recently commented on CBGPY. Investec downgraded shares of CLOSE BROS GRP/ADR from a “hold” rating to a “sell” rating in a research note on Wednesday, May 27th. Jefferies Financial Group downgraded shares of CLOSE BROS GRP/ADR from a “hold” rating to an “underperform” rating in a research note on Monday, April 27th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of CLOSE BROS GRP/ADR in a research note on Friday, April 24th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold”.

CBGPY stock opened at $27.16 on Wednesday. The company’s 50 day moving average is $27.49 and its 200 day moving average is $32.66. CLOSE BROS GRP/ADR has a 1-year low of $20.77 and a 1-year high of $45.37.

About CLOSE BROS GRP/ADR

Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts.

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The Fly

Analyst Recommendations for CLOSE BROS GRP/ADR (OTCMKTS:CBGPY)

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