Close Brothers Group plc (LON:CBG)‘s stock had its “overweight” rating restated by Barclays PLC in a note issued to investors on Monday. They currently have a GBX 1,500 ($18.61) price objective on the stock. Barclays PLC’s price target points to a potential upside of 9.73% from the company’s current price.

A number of other equities analysts have also recently weighed in on CBG. JPMorgan Chase & Co. upped their price objective on shares of Close Brothers Group plc from GBX 1,500 ($18.61) to GBX 1,575 ($19.54) and gave the company a ” overweight” rating in a research report on Friday, September 30th. Numis Securities Ltd reissued an “add” rating and issued a GBX 1,619 ($20.08) price objective on shares of Close Brothers Group plc in a research report on Thursday, November 17th. Shore Capital restated a “hold” rating on shares of Close Brothers Group plc in a research note on Thursday, November 17th. Royal Bank Of Canada restated a “sector performer” rating and issued a GBX 1,400 ($17.37) target price on shares of Close Brothers Group plc in a research note on Friday, September 30th. Finally, Peel Hunt restated an “add” rating and issued a GBX 1,600 ($19.85) target price on shares of Close Brothers Group plc in a research note on Thursday, November 17th. Eight research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,480.89 ($18.37).

Analyst Recommendations for Close Brothers Group plc (LON:CBG)

Shares of Close Brothers Group plc (LON:CBG) opened at 1368.00 on Monday. Close Brothers Group plc has a one year low of GBX 975.00 and a one year high of GBX 1,477.00. The stock’s market cap is GBX 2.02 billion. The firm has a 50-day moving average price of GBX 1,342.33 and a 200-day moving average price of GBX 1,300.51.

The firm also recently disclosed a dividend, which was paid on Tuesday, November 22nd. Investors of record on Thursday, October 13th were paid a dividend of GBX 38 ($0.47) per share. This is a positive change from Close Brothers Group plc’s previous dividend of $19.00. The ex-dividend date of this dividend was Thursday, October 13th. This represents a yield of 2.76%.

TRADEMARK VIOLATION NOTICE: “Close Brothers Group plc (CBG) Stock Rating Reaffirmed by Barclays PLC” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this report on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this report can be accessed at https://www.thecerbatgem.com/2016/11/30/close-brothers-group-plc-cbg-stock-rating-reaffirmed-by-barclays-plc.html.

In related news, insider Elizabeth Lee sold 20,000 shares of the stock in a transaction dated Tuesday, September 27th. The shares were sold at an average price of GBX 1,417 ($17.58), for a total transaction of £283,400 ($351,569.28). Also, insider Jonathan Howell sold 149,292 shares of the stock in a transaction dated Tuesday, October 4th. The stock was sold at an average price of GBX 1,378 ($17.09), for a total transaction of £2,057,243.76 ($2,552,094.98).

About Close Brothers Group plc

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.

Receive News & Stock Ratings for Close Brothers Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Close Brothers Group plc and related stocks with our FREE daily email newsletter.