Key Points
- Insider purchase: Director Fiona McCarthy bought 34 shares on May 5 at GBX 443 (total £150.62) and had earlier bought 33 shares on March 5 at GBX 453, signalling small but recent insider buying.
- Analyst view: The stock trades within a 52‑week range of GBX 314.38–563.50, and with six Buys and two Holds analysts give a consensus "Moderate Buy" and an average price target of GBX 500.63.
- Financials show weakness: Latest quarter EPS was GBX 27.10 while the company reported a negative net margin (-4.66%), negative ROE (-2.03%) and a negative P/E (‑13.66), reflecting current profitability pressures.
Close Brothers Group plc (LON:CBG - Get Free Report) insider Fiona McCarthy acquired 34 shares of the company's stock in a transaction that occurred on Tuesday, May 5th. The shares were acquired at an average cost of GBX 443 per share, for a total transaction of £150.62.
Fiona McCarthy also recently made the following trade(s):
- On Thursday, March 5th, Fiona McCarthy bought 33 shares of Close Brothers Group stock. The stock was purchased at an average cost of GBX 453 per share, with a total value of £149.49.
Close Brothers Group Stock Performance
Shares of Close Brothers Group stock opened at GBX 482.30 on Thursday. The stock has a market capitalization of £726.09 million, a PE ratio of -13.66, a price-to-earnings-growth ratio of 1.87 and a beta of 1.24. Close Brothers Group plc has a 52-week low of GBX 314.38 and a 52-week high of GBX 563.50. The company has a 50-day simple moving average of GBX 427.46 and a two-hundred day simple moving average of GBX 457.99.
Close Brothers Group (LON:CBG - Get Free Report) last announced its quarterly earnings results 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%. As a group, equities research analysts forecast that Close Brothers Group plc will post 66.0070671 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research firms have weighed in on CBG. Shore Capital Group lowered shares of Close Brothers Group to a "hold" rating and set a GBX 475 price target for the company. in a research report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Close Brothers Group from GBX 550 to GBX 570 and gave the stock a "buy" rating in a research report on Friday, January 23rd. Royal Bank Of Canada upgraded shares of Close Brothers Group to an "outperform" rating and upped their price target for the stock from GBX 475 to GBX 625 in a research report on Friday, January 16th. Finally, UBS Group upgraded shares of Close Brothers Group to a "buy" rating and set a GBX 555 price target for the company in a research report on Friday, March 27th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Close Brothers Group presently has an average rating of "Moderate Buy" and a consensus price target of GBX 500.63.
View Our Latest Stock Analysis on Close Brothers Group
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.
Read More
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. Please send any questions or comments about this story to [email protected].
