Close Brothers Group (CBG) Given Hold Rating at Liberum Capital
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).
COPYRIGHT VIOLATION NOTICE: “Close Brothers Group (CBG) Given Hold Rating at Liberum Capital” was published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this story can be viewed at https://theolympiareport.com/2018/01/14/close-brothers-group-cbg-given-hold-rating-at-liberum-capital.html.
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.
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 MarketBeat.com's FREE daily email newsletter.