Close Brothers Group plc (LON:CBG) Receives GBX 1,540.40 Consensus Target Price from Analysts

Close Brothers Group plc (LON:CBGGet Rating) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 1,540.40 ($18.61).

Separately, Shore Capital reissued a “buy” rating on shares of Close Brothers Group in a research note on Monday, September 5th.

Close Brothers Group Trading Down 2.0 %

LON:CBG opened at GBX 1,027 ($12.41) on Monday. Close Brothers Group has a 1-year low of GBX 975 ($11.78) and a 1-year high of GBX 1,602 ($19.36). The firm has a fifty day simple moving average of GBX 1,066.27 and a 200 day simple moving average of GBX 1,095.52. The stock has a market capitalization of £1.55 billion and a PE ratio of 766.42.

About Close Brothers Group

(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.

Further Reading

Analyst Recommendations for Close Brothers Group (LON:CBG)

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's FREE daily email newsletter.