Investec cut shares of CLOSE BROS GRP/ADR (OTCMKTS:CBGPY) from a buy rating to a hold rating in a research report released on Thursday morning, Automated Import reports.

CLOSE BROS GRP/ADR stock traded up $1.13 during midday trading on Thursday, hitting $35.64. 498 shares of the stock were exchanged, compared to its average volume of 2,496. CLOSE BROS GRP/ADR has a 1 year low of $29.66 and a 1 year high of $44.35. The company has a 50 day simple moving average of $32.29.

CLOSE BROS GRP/ADR Company Profile

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.

Further Reading: How Do Front-End Loads Impact an Investment?

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