Key Points
- Sally Williams, an insider, purchased 4,705 shares on April 14 at GBX 423 (£19,902) and previously bought 6,914 shares on April 8 at GBX 456 (£31,528), totaling 11,619 shares for about £51,430 in early April.
- Close Brothers shares trade around GBX 435 with a market cap of £655m, and analysts hold a consensus "Moderate Buy" rating with an average target of GBX 500.63 amid several recent upward price-target revisions.
Close Brothers Group plc (LON:CBG - Get Free Report) insider Sally Williams acquired 4,705 shares of the company's stock in a transaction dated Tuesday, April 14th. The shares were bought at an average cost of GBX 423 per share, for a total transaction of £19,902.15.
Sally Williams also recently made the following trade(s):
- On Wednesday, April 8th, Sally Williams acquired 6,914 shares of Close Brothers Group stock. The shares were bought at an average cost of GBX 456 per share, for a total transaction of £31,527.84.
Close Brothers Group Price Performance
Shares of CBG opened at GBX 435.20 on Wednesday. The firm has a market capitalization of £655.18 million, a PE ratio of -12.33, a price-to-earnings-growth ratio of 1.87 and a beta of 1.23. Close Brothers Group plc has a 1-year low of GBX 290.40 and a 1-year high of GBX 563.50. The company's fifty day moving average price is GBX 437.67 and its 200-day moving average price is GBX 459.53.
Close Brothers Group (LON:CBG - Get Free Report) last announced its quarterly earnings data on Tuesday, March 17th. The company reported GBX 27.10 earnings per share for the quarter. Close Brothers Group had a negative net margin of 4.66% and a negative return on equity of 2.03%. As a group, research analysts anticipate that Close Brothers Group plc will post 66.0070671 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted 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. Shore Capital Group downgraded shares of Close Brothers Group to a "hold" rating and set a GBX 475 target price for the company. in a research report on Wednesday, April 8th. UBS Group upgraded shares of Close Brothers Group to a "buy" rating and set a GBX 555 target price for the company in a research report on Friday, March 27th. Finally, Royal Bank Of Canada upgraded shares of Close Brothers Group to an "outperform" rating and boosted their target price for the company from GBX 475 to GBX 625 in a research report on Friday, January 16th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 500.63.
Get Our Latest Analysis on CBG
Close Brothers Group Company Profile
(
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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