Close Brothers Group (LON:CBG) Insider Fiona McCarthy Acquires 33 Shares

Close Brothers Group plc (LON:CBG) insider Fiona McCarthy purchased 33 shares of Close Brothers Group stock in a transaction that occurred on Thursday, March 5th. The stock was acquired at an average cost of GBX 453 per share, with a total value of £149.49.

Fiona McCarthy also recently made the following trade(s):

• On Monday, January 5th, Fiona McCarthy purchased 28 shares of Close Brothers Group stock. The shares were acquired at an average price of GBX 522 per share, for a total transaction of £146.16.

Close Brothers Group Trading Down 1.8%

Shares of CBG opened at GBX 436.59 on Friday. The firm has a market cap of £657.24 million, a P/E ratio of -6.53, a PEG ratio of 1.87 and a beta of 1.18. Close Brothers Group plc has a 12 month low of GBX 246.80 and a 12 month high of GBX 563.50. The stock’s 50 day moving average is GBX 503.39 and its two-hundred day moving average is GBX 476.29.

Close Brothers Group (LON:CBG) last announced its earnings results on Thursday, December 11th. The company reported GBX 59.30 earnings per share for the quarter. Close Brothers Group had a negative return on equity of 5.83% and a negative net margin of 8.70%. Equities research analysts forecast that Close Brothers Group plc will post 66.0070671 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CBG. Royal Bank Of Canada raised shares of Close Brothers Group to an “outperform” rating and increased their price objective for the company from GBX 475 to GBX 625 in a report on Friday, January 16th. 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. Peel Hunt reaffirmed an “add” rating and issued a GBX 300 price target on shares of Close Brothers Group in a research note on Tuesday, November 25th. Finally, Shore Capital Group reiterated a “hold” rating and issued a GBX 510 price objective on shares of Close Brothers Group in a report on Thursday, November 20th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Close Brothers Group presently has an average rating of “Moderate Buy” and an average target price of GBX 502.50.

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.