Close Brothers Group’s (CBG) “Buy” Rating Reiterated at Shore Capital

Close Brothers Group (LON:CBG)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a research note issued on Monday,Digital Look reports.

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on Close Brothers Group from GBX 610 ($7.80) to GBX 600 ($7.68) and set a “hold” rating on the stock in a report on Thursday, February 13th.

Close Brothers Group Stock Performance

Shares of CBG stock opened at GBX 336.40 ($4.30) on Monday. The stock’s fifty day moving average is GBX 286.73 and its 200-day moving average is GBX 326.86. The stock has a market capitalization of £506.83 million, a PE ratio of 5.07, a PEG ratio of 1.87 and a beta of 0.82. Close Brothers Group has a 52 week low of GBX 179.83 ($2.30) and a 52 week high of GBX 564 ($7.22).

Insider Buying and Selling at Close Brothers Group

In other Close Brothers Group news, insider Mike Morgan sold 10,885 shares of the stock in a transaction dated Friday, December 13th. The stock was sold at an average price of GBX 241 ($3.08), for a total value of £26,232.85 ($33,558.72). Insiders own 2.91% of the company’s stock.

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.