Close Brothers Group plc (LON:CBG - Get Free Report) insider Mark Pain bought 4,000 shares of the company's stock in a transaction on Friday, April 19th. The stock was bought at an average price of GBX 444 ($5.48) per share, with a total value of £17,760 ($21,936.76).
Close Brothers Group Stock Up 0.8 %
CBG opened at GBX 457 ($5.64) on Tuesday. The firm has a market cap of £687.74 million, a P/E ratio of 481.05, a P/E/G ratio of 1.87 and a beta of 0.81. Close Brothers Group plc has a 52 week low of GBX 278 ($3.43) and a 52 week high of GBX 998.50 ($12.33). The business has a fifty day simple moving average of GBX 390.90 and a 200-day simple moving average of GBX 611.97.
Analysts Set New Price Targets
Several research analysts have recently weighed in on CBG shares. Shore Capital raised shares of Close Brothers Group to a "buy" rating and set a GBX 665 ($8.21) price target on the stock in a research report on Thursday, March 21st. Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 463 ($5.72) target price on shares of Close Brothers Group in a report on Wednesday, February 21st. Royal Bank of Canada reaffirmed a "sector perform" rating and set a GBX 375 ($4.63) price target on shares of Close Brothers Group in a research report on Wednesday, March 20th. Finally, Berenberg Bank lowered their price objective on Close Brothers Group from GBX 1,100 ($13.59) to GBX 425 ($5.25) and set a "buy" rating for the company in a research report on Thursday, February 15th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Close Brothers Group presently has a consensus rating of "Moderate Buy" and an average target price of GBX 577.80 ($7.14).
Automatic Income (from home)
From Awesomely, LLC | Ad
For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors…
6 simple clicks have set up HUGE payouts for "in-the-know" investors…
Delivering them passive income 365 days a year.
Just click here now to watch my presentation for free.
Get Our Latest Research Report on CBG
About Close Brothers Group
(
Get Free Report)
Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
