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

A number of other equities analysts have also commented on CBG. Numis Securities reiterated a “hold” rating and set a GBX 1,575 ($21.36) price target on shares of Close Brothers Group in a report on Tuesday, September 26th. Peel Hunt reiterated a “hold” rating and set a GBX 1,600 ($21.70) price target on shares of Close Brothers Group in a report on Tuesday, September 26th. Shore Capital reiterated a “hold” rating on shares of Close Brothers Group in a report on Tuesday, September 26th. Barclays cut their price target on shares of 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 report on Wednesday, September 27th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,800 ($24.41) target price on shares of Close Brothers Group in a report on Wednesday, September 27th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 1,518.50 ($20.59).

Close Brothers Group (LON:CBG) opened at GBX 1,499 ($20.33) on Friday. The company has a market cap of $2,270.00 and a price-to-earnings ratio of 1,171.09. Close Brothers Group has a fifty-two week low of GBX 1,315 ($17.83) and a fifty-two week high of GBX 1,715 ($23.26).

In related news, insider Rebekah Etherington sold 779 shares of the business’s stock in a transaction on Monday, October 16th. The shares were 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 90 days, insiders purchased 42 shares of company stock worth $59,208.

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About Close Brothers Group

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)

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