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JP Morgan Cazenove announced Close Brothers Group PLC (LON:CBG), upholding its stock price target at 1,500.00GBX today

Just yesterday Close Brothers Group PLC (LON:CBG) traded -0.21% lower at 0.00GBX. Close Brothers Group PLC’s 50-day moving average is 1,377.29GBX and its 200-day moving average is 1,266.82GBX. The last stock price is down 11.14% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 220,226 shares of CBG traded hands, down from an average trading volume of 309,890

In a report released on 09/28/2016 JP Morgan Cazenove hold steady the stock price target of Close Brothers Group PLC (LON:CBG) from 1,500.00GBX to 1,500.00GBX reporting a possible upside of 0%.

Previously on Tuesday September 27, 2016, Liberum Capital released a statement about Close Brothers Group PLC (LON:CBG) held steady the target price at 1,398.00GBX. At the time, this indicated a possible downside of -0.01%.

Recent Performance Chart

Close Brothers Group PLC (LON:CBG)

Close Brothers Group PLC has 52 week low of 975.00GBX and a 52 week high of 1,569.00GBX with a PE ratio of 11.81 and has a market capitalization of 0 GBX.

In addition to JP Morgan Cazenove reporting its stock price target, a total of 11 brokerages have issued a research note on the company. The average stock price target is 1,380.36GBX with 2 brokerages rating the stock a strong buy, 3 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

General Company Details For Close Brothers Group PLC (LON:CBG)

Close Brothers Group plc is a merchant banking company. The Company provides lending, deposit taking, wealth management services and securities trading. The Company operates through three segments: Banking, Securities and Asset Management. The Banking segment provides lending to small businesses and individuals, with an emphasis on specialist finance. It also offers deposit-taking services to the United Kingdom businesses and individuals. The Securities segment provides trading services in the United Kingdom through Winterflood, a market-maker. The Asset Management segment provides a range of financial advice, investment management and online investing services to private clients and professional advisors. Its portfolio of solutions include aviation and marine, broker finance, brewery rentals, asset-based lending, commercial vehicle hire, insurance premium finance, invoice finance, motor finance, property finance, professional services finance, retail finance and technology services.

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