Close Brothers Group (LON:CBG) Insider Sally Williams Buys 4,705 Shares

Close Brothers Group plc (LON:CBG) insider Sally Williams bought 4,705 shares of Close Brothers Group 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 bought 6,914 shares of Close Brothers Group stock. The shares were bought at an average price of GBX 456 per share, with a total value of £31,527.84.

Close Brothers Group Stock Up 4.6%

Close Brothers Group stock opened at GBX 435.20 on Wednesday. The business has a fifty day moving average of GBX 437.67 and a two-hundred day moving average of GBX 459.53. The firm has a market cap of £655.18 million, a P/E ratio of -12.33, a P/E/G ratio of 1.87 and a beta of 1.23. Close Brothers Group plc has a twelve month low of GBX 290.40 and a twelve month high of GBX 563.50.

Close Brothers Group (LON:CBG) last posted its earnings results on Tuesday, March 17th. The company reported GBX 27.10 earnings per share for the quarter. Close Brothers Group had a negative return on equity of 2.03% and a negative net margin of 4.66%. Equities analysts expect that Close Brothers Group plc will post 66.0070671 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upped their target price on Close Brothers Group from GBX 550 to GBX 570 and gave the stock a “buy” rating in a report on Friday, January 23rd. Shore Capital Group lowered shares of Close Brothers Group to a “hold” rating and set a GBX 475 price target on the stock. in a report on Wednesday, April 8th. UBS Group raised shares of Close Brothers Group to a “buy” rating and set a GBX 555 price target on the stock in a report on Friday, March 27th. Finally, Royal Bank Of Canada raised shares of Close Brothers Group to an “outperform” rating and lifted their price target for the stock from GBX 475 to GBX 625 in a report on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 500.63.

Close Brothers Group Company Profile

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.