Close Brothers Group plc (OTCMKTS:CBGPY – Get Free Report)’s share price dropped 3.4% during trading on Wednesday . The company traded as low as $10.47 and last traded at $10.48. 300 shares changed hands during trading, a decline of 15% from the average daily volume of 353 shares. The stock had previously closed at $10.85.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada downgraded Close Brothers Group from an “outperform” rating to a “sector perform” rating in a research report on Monday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.
View Our Latest Analysis on CBGPY
Close Brothers Group Trading Down 3.4%
About Close Brothers Group
Close Brothers Group plc is a UK-based merchant banking group with origins dating back to 1878, when William Brooks Close established the firm in London. Today, the group operates as a diversified financial services provider, combining lending, deposit taking, wealth management and securities trading to serve corporate, professional and retail clients. The company’s long history has seen it evolve from a regional trading bank into a widely recognized mid-market specialist in credit and financial advisory services.
The group’s principal activities are organized into four complementary divisions.
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