Close Brothers Group (OTCMKTS:CBGPY) Trading Up 20.3% – What’s Next?

Close Brothers Group plc (OTCMKTS:CBGPYGet Free Report) shares were up 20.3% during mid-day trading on Monday . The stock traded as high as $13.40 and last traded at $13.40. Approximately 602 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 1,502 shares. The stock had previously closed at $11.14.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Close Brothers Group in a research report on Friday, November 21st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on Close Brothers Group

Close Brothers Group Stock Performance

The company has a 50 day moving average of $11.35 and a 200-day moving average of $11.85.

About Close Brothers Group

(Get Free Report)

Close Brothers Group plc is a UK-based merchant banking group with origins dating back to 1878, when William Brooks Close established the firm in London. Today, the group operates as a diversified financial services provider, combining lending, deposit taking, wealth management and securities trading to serve corporate, professional and retail clients. The company’s long history has seen it evolve from a regional trading bank into a widely recognized mid-market specialist in credit and financial advisory services.

The group’s principal activities are organized into four complementary divisions.

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