Close Brothers Group plc (LON:CBG) insider Rebekah Etherington acquired 10 shares of the business’s stock in a transaction that occurred on Thursday, October 5th. The stock was purchased at an average price of GBX 1,475 ($19.56) per share, for a total transaction of £147.50 ($195.65).

Rebekah Etherington also recently made the following trade(s):

  • On Tuesday, October 3rd, Rebekah Etherington sold 19,477 shares of Close Brothers Group plc stock. The shares were sold at an average price of GBX 1,474 ($19.55), for a total transaction of £287,090.98 ($380,807.77).
  • On Tuesday, September 5th, Rebekah Etherington acquired 10 shares of Close Brothers Group plc stock. The stock was purchased at an average price of GBX 1,535 ($20.36) per share, for a total transaction of £153.50 ($203.61).

Close Brothers Group plc (LON:CBG) opened at 1491.00 on Friday. The firm’s market cap is GBX 2.23 billion. Close Brothers Group plc has a 1-year low of GBX 1,222.00 and a 1-year high of GBX 1,715.00. The firm’s 50-day moving average is GBX 1,516.54 and its 200 day moving average is GBX 1,555.11.

Close Brothers Group plc (LON:CBG) last issued its quarterly earnings results on Tuesday, September 26th. The company reported GBX 131.70 ($1.75) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 130.10 ($1.73) by GBX 1.60 ($0.02). The business had revenue of £765.60 million for the quarter. Close Brothers Group plc had a net margin of 23.84% and a return on equity of 17.25%. On average, equities analysts forecast that Close Brothers Group plc will post $129.77 earnings per share for the current fiscal year.

The business also recently declared a dividend, which will be paid on Tuesday, November 21st. Investors of record on Thursday, October 12th will be given a dividend of GBX 40 ($0.53) per share. This is an increase from Close Brothers Group plc’s previous dividend of $20.00. The ex-dividend date is Thursday, October 12th. This represents a yield of 2.71%.

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CBG has been the topic of several recent research reports. Numis Securities Ltd downgraded shares of Close Brothers Group plc to a “hold” rating and cut their price objective for the company from GBX 1,779 ($23.60) to GBX 1,557 ($20.65) in a research report on Monday, July 3rd. J P Morgan Chase & Co lifted their price objective on shares of Close Brothers Group plc from GBX 1,780 ($23.61) to GBX 1,800 ($23.88) and gave the company an “overweight” rating in a research report on Monday, July 24th. Peel Hunt reiterated a “hold” rating and issued a GBX 1,600 ($21.22) price objective on shares of Close Brothers Group plc in a research report on Friday, July 21st. Liberum Capital lifted their price objective on shares of Close Brothers Group plc from GBX 1,400 ($18.57) to GBX 1,535 ($20.36) and gave the company a “hold” rating in a research report on Friday, July 14th. Finally, Barclays PLC reiterated an “equal weight” rating and issued a GBX 1,550 ($20.56) price objective on shares of Close Brothers Group plc in a research report on Monday, July 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,554.13 ($20.61).

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.

Insider Buying and Selling by Quarter for Close Brothers Group plc (LON:CBG)

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