Key Points
- Insider purchase: Director Sally Williams bought 6,914 shares of Close Brothers Group on April 8 at GBX 456 per share, a transaction worth £31,527.84.
- Recent results and metrics show Close Brothers reported GBX 27.10 EPS for the quarter, has a negative net margin (-4.66%) and return on equity (-2.03%), a market cap of £622.36 million, and a 52-week range of GBX 272–563.50.
- Analysts are cautiously positive with a consensus rating of Moderate Buy, a consensus target of GBX 500.63, and six Buy vs. two Hold ratings following several recent price-target upgrades.
Close Brothers Group plc (LON:CBG - Get Free Report) insider Sally Williams purchased 6,914 shares of Close Brothers Group stock in a transaction that occurred on Wednesday, April 8th. The shares were bought at an average price of GBX 456 per share, with a total value of £31,527.84.
Close Brothers Group Stock Performance
CBG opened at GBX 413.40 on Friday. The firm has a market cap of £622.36 million, a P/E ratio of -11.71, a PEG ratio of 1.87 and a beta of 1.23. The firm has a 50-day moving average of GBX 440.84 and a 200 day moving average of GBX 460.82. Close Brothers Group plc has a fifty-two week low of GBX 272 and a fifty-two week high of GBX 563.50.
Close Brothers Group (LON:CBG - Get Free Report) last released its quarterly earnings data on Tuesday, March 17th. The company reported GBX 27.10 EPS for the quarter. Close Brothers Group had a negative net margin of 4.66% and a negative return on equity of 2.03%. Equities research analysts predict that Close Brothers Group plc will post 66.0070671 earnings per share for the current fiscal year.
Analyst Ratings Changes
CBG has been the topic of several recent research reports. Shore Capital Group downgraded shares of Close Brothers Group to a "hold" rating and set a GBX 475 price objective on the stock. in a report on Wednesday. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Close Brothers Group from GBX 550 to GBX 570 and gave the company a "buy" rating in a report on Friday, January 23rd. Royal Bank Of Canada raised shares of Close Brothers Group to an "outperform" rating and upped their price objective for the company from GBX 475 to GBX 625 in a report on Friday, January 16th. Finally, UBS Group raised shares of Close Brothers Group to a "buy" rating and set a GBX 555 price objective on the stock in a report on Friday, March 27th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 500.63.
View Our Latest 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.
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