Close Brothers Group plc (OTCMKTS:CBGPY – Get Rating) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 17,900 shares, a growth of 3,480.0% from the March 15th total of 500 shares. Based on an average trading volume of 29,600 shares, the days-to-cover ratio is currently 0.6 days.
A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. decreased their price objective on Close Brothers Group from GBX 1,540 ($20.07) to GBX 1,370 ($17.85) in a research report on Wednesday, March 16th. Investec upgraded Close Brothers Group from a “hold” rating to a “buy” rating in a research report on Monday, January 24th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $1,370.00.
Shares of OTCMKTS:CBGPY opened at $31.68 on Wednesday. The business has a 50 day simple moving average of $32.25 and a two-hundred day simple moving average of $36.36. Close Brothers Group has a 1 year low of $28.00 and a 1 year high of $50.46.
Close Brothers Group Company Profile (Get Rating)
Close Brothers Group plc, a merchant banking company, provides 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 various savings products, including personal and business savings, and pension deposits.
- Get a free copy of the StockNews.com research report on Close Brothers Group (CBGPY)
- Three Dividend Stocks With Growth Potential
- Exelon Stock Still Has Extraordinary Upside
- Greenbrier Companies Stock has Green in its Future
- Insiders Are Selling Palo Alto Networks
- 3 Bank Stocks That Are Ready to Handle Whatever the Fed Throws at Them
Receive News & Ratings for Close Brothers Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Close Brothers Group and related companies with MarketBeat.com's FREE daily email newsletter.