Macquarie disclosed Close Brothers Group PLC (LON:CBG), supporting its price target at 1,341.00GBX earlier today
- Updated: October 10, 2016
Having a price of 1,373.00GBX, Close Brothers Group PLC (LON:CBG) traded -0.15% lower on the day. With the last stock price up 7.70% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CBG has recorded a 50-day average of 1,387.14GBX and a two hundred day average of 1,273.93GBX. Trade Volume was down over the average, with 10,847 shares of CBG changing hands under the typical 302,246
Reporting a potential downside of -0.02%, Macquarie hold steady the price target of Close Brothers Group PLC (LON:CBG) at 1,341.00GBX
On 9/30/2016, RBC Capital Markets released a statement about Close Brothers Group PLC (LON:CBG) maintained the target price at 1,400.00GBX that suggested an upside of 0%.
Recent Performance Chart
Close Brothers Group PLC has PE ratio of 11.04 with a one year low of 975.00GBX and a one year high of 1,547.00GBX and has a market capitalization of 0 GBX.
A total of 11 brokerages have issued a ratings update on Close Brothers Group PLC. Two brokerages rating the company a strong buy, three brokerages rating the company a buy, five brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 1,380.36GBX.
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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