Close Brothers Group plc’s (LON:CBG) “Hold” Rating Reaffirmed at Numis Securities Ltd

Numis Securities Ltd reaffirmed their hold rating on shares of Close Brothers Group plc (LON:CBG) in a research report sent to investors on Friday, July 21st, MarketBeat.com reports. The firm currently has a GBX 1,575 ($20.51) target price on the stock.

Several other equities research analysts also recently commented on CBG. Peel Hunt reiterated an add rating and set a GBX 1,600 ($20.84) target price on shares of Close Brothers Group plc in a report on Monday, March 27th. Macquarie downgraded Close Brothers Group plc to an underperform rating and set a GBX 1,430 ($18.62) target price on the stock. in a report on Tuesday, May 9th. Shore Capital reiterated a hold rating on shares of Close Brothers Group plc in a report on Friday, May 19th. Liberum Capital reiterated a hold rating and set a GBX 1,400 ($18.23) target price on shares of Close Brothers Group plc in a report on Friday, May 19th. Finally, J P Morgan Chase & Co reiterated an overweight rating and set a GBX 1,780 ($23.18) target price on shares of Close Brothers Group plc in a report on Monday, May 22nd. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 1,539.60 ($20.05).

Close Brothers Group plc (LON:CBG) traded down 1.61% during mid-day trading on Friday, hitting GBX 1524.00. 264,704 shares of the company were exchanged. Close Brothers Group plc has a 12 month low of GBX 1,222.00 and a 12 month high of GBX 1,715.00. The firm has a 50 day moving average price of GBX 1,514.71 and a 200 day moving average price of GBX 1,549.11. The stock’s market cap is GBX 2.26 billion.

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About Close Brothers Group plc

Close Brothers Group plc is a merchant banking company. The Company provides lending, deposit taking, wealth management services and securities trading. The Company operates through three segments: Banking, Securities and Asset Management. The Banking segment provides lending to small businesses and individuals, with an emphasis on specialist finance.

Analyst Recommendations for Close Brothers Group plc (LON:CBG)

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