Shore Capital Raises Close Brothers Group (CBG) Price Target to GBX 1,605

Share on StockTwits

Close Brothers Group (LON:CBG) had its price objective hoisted by Shore Capital from GBX 1,600 ($20.91) to GBX 1,605 ($20.97) in a research report sent to investors on Tuesday. The firm currently has a hold rating on the stock.

Several other research firms have also issued reports on CBG. Peel Hunt reiterated a hold rating on shares of Close Brothers Group in a report on Thursday, November 15th. JPMorgan Chase & Co. dropped their target price on Close Brothers Group from GBX 1,800 ($23.52) to GBX 1,700 ($22.21) and set an overweight rating on the stock in a report on Monday, January 21st. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of GBX 1,619.14 ($21.16).

CBG opened at GBX 1,501 ($19.61) on Tuesday. Close Brothers Group has a 52-week low of GBX 1,387 ($18.12) and a 52-week high of GBX 1,682 ($21.98). The stock has a market cap of $2.25 billion and a P/E ratio of 11.22.

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 24th. Shareholders of record on Thursday, March 21st will be paid a GBX 22 ($0.29) dividend. The ex-dividend date of this dividend is Thursday, March 21st. This represents a yield of 1.46%. Close Brothers Group’s dividend payout ratio is 0.47%.

Close Brothers Group Company Profile

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.

Read More: How is the S&P 500 index different from the DJIA?

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.



Latest News

eBoost Market Capitalization Achieves $356,833.00
eBoost Market Capitalization Achieves $356,833.00
Molecular Future  Price Up 6% This Week
Molecular Future Price Up 6% This Week
Woori Financial Group Inc  Receives Consensus Recommendation of “Strong Buy” from Brokerages
Woori Financial Group Inc Receives Consensus Recommendation of “Strong Buy” from Brokerages
Granite Construction Inc.  Expected to Post Quarterly Sales of $651.53 Million
Granite Construction Inc. Expected to Post Quarterly Sales of $651.53 Million
Zacks: Vector Group Ltd  Receives Consensus Recommendation of “Hold” from Brokerages
Zacks: Vector Group Ltd Receives Consensus Recommendation of “Hold” from Brokerages
Zacks: Analysts Anticipate Masimo Co.  Will Announce Earnings of $0.75 Per Share
Zacks: Analysts Anticipate Masimo Co. Will Announce Earnings of $0.75 Per Share


© 2006-2019 Ticker Report