Close Brothers Group (LON:CBG) Earns “Hold” Rating from Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of Close Brothers Group (LON:CBG) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

Other research analysts have also issued reports about the company. Peel Hunt restated a hold rating on shares of Close Brothers Group in a research note on Monday, September 9th. JPMorgan Chase & Co. cut their target price on Close Brothers Group from GBX 1,700 ($22.21) to GBX 1,650 ($21.56) and set an overweight rating for the company in a research note on Thursday, July 25th. Royal Bank of Canada restated a sector performer rating and issued a GBX 1,500 ($19.60) target price (up from GBX 1,450 ($18.95)) on shares of Close Brothers Group in a research note on Thursday, August 29th. Numis Securities reiterated a hold rating and set a GBX 1,618 ($21.14) price objective on shares of Close Brothers Group in a research note on Wednesday, May 22nd. Finally, Shore Capital dropped their price objective on Close Brothers Group from GBX 1,635 ($21.36) to GBX 1,610 ($21.04) and set a hold rating for the company in a research note on Friday, July 19th. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 1,551.44 ($20.27).

Shares of LON CBG opened at GBX 1,391 ($18.18) on Monday. The business has a fifty day simple moving average of GBX 1,309.32 and a 200 day simple moving average of GBX 1,431.69. The firm has a market capitalization of $2.11 billion and a price-to-earnings ratio of 10.43. Close Brothers Group has a one year low of GBX 1,209 ($15.80) and a one year high of GBX 1,682 ($21.98).

Close Brothers Group Company Profile

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, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts.

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Analyst Recommendations for Close Brothers Group (LON:CBG)

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