Insider Buying: Close Brothers Group plc (LON:CBG) Insider Purchases 9 Shares of Stock
Close Brothers Group plc (LON:CBG) insider Adrian Sainsbury acquired 9 shares of the firm’s stock in a transaction that occurred on Tuesday, April 6th. The stock was acquired at an average cost of GBX 1,597 ($20.86) per share, with a total value of £143.73 ($187.78).
Adrian Sainsbury also recently made the following trade(s):
- On Friday, March 5th, Adrian Sainsbury bought 9 shares of Close Brothers Group stock. The shares were acquired at an average cost of GBX 1,645 ($21.49) per share, for a total transaction of £148.05 ($193.43).
- On Friday, February 5th, Adrian Sainsbury purchased 10 shares of Close Brothers Group stock. The shares were acquired at an average price of GBX 1,526 ($19.94) per share, with a total value of £152.60 ($199.37).
CBG opened at GBX 1,606 ($20.98) on Thursday. The business has a 50 day moving average price of GBX 1,594.68 and a two-hundred day moving average price of GBX 1,364.32. The company has a market capitalization of £2.42 billion and a price-to-earnings ratio of 22.12. Close Brothers Group plc has a 1-year low of GBX 941 ($12.29) and a 1-year high of GBX 1,702 ($22.24).
Separately, Shore Capital lowered Close Brothers Group to a “hold” rating and lowered their price target for the company from GBX 1,085 ($14.18) to GBX 860 ($11.24) in a report on Monday, March 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. Close Brothers Group currently has a consensus rating of “Hold” and an average price target of GBX 1,113.14 ($14.54).
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, Asset Management, and Securities. The company offers various deposit products, including fixed term deposits and notice accounts.
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