Close Brothers Group’s (CBG) “Hold” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of Close Brothers Group (LON:CBG) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. decreased their target price on shares of 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 report on Thursday, July 25th. Investec lowered shares of Close Brothers Group to a hold rating and increased their target price for the company from GBX 1,425 ($18.62) to GBX 1,430 ($18.69) in a research report on Friday, May 24th. Royal Bank of Canada reiterated a sector performer rating and issued a GBX 1,500 ($19.60) target price (up previously from GBX 1,450 ($18.95)) on shares of Close Brothers Group in a research report on Thursday, August 29th. Shore Capital decreased their target price on shares of 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 report on Friday, July 19th. Finally, Numis Securities reiterated a hold rating and issued a GBX 1,618 ($21.14) target price on shares of Close Brothers Group in a research report on Wednesday, May 22nd. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 1,551.44 ($20.27).

Shares of CBG opened at GBX 1,396 ($18.24) on Monday. The firm has a 50-day moving average price of GBX 1,309.98 and a 200 day moving average price of GBX 1,431.20. The firm has a market capitalization of $2.11 billion and a PE ratio of 10.46. Close Brothers Group has a 52-week low of GBX 1,209 ($15.80) and a 52-week high of GBX 1,682 ($21.98).

About Close Brothers Group

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.

Recommended Story: What does the Dogs of the Dow mean?

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 MarketBeat.com's FREE daily email newsletter.