Close Brothers Group (OTCMKTS:CBGPY) Shares Up 3% – Time to Buy?

Close Brothers Group plc (OTCMKTS:CBGPYGet Free Report) shares traded up 3% on Friday . The company traded as high as $8.87 and last traded at $8.87. 103 shares were traded during mid-day trading, a decline of 85% from the average session volume of 705 shares. The stock had previously closed at $8.61.

Analysts Set New Price Targets

Separately, Royal Bank of Canada reiterated an “outperform” rating on shares of Close Brothers Group in a report on Thursday, May 15th.

Check Out Our Latest Analysis on CBGPY

Close Brothers Group Stock Up 3.0%

The business has a fifty day moving average price of $8.40 and a two-hundred day moving average price of $7.43.

Close Brothers Group Company Profile

(Get Free Report)

Close Brothers Group plc, a merchant banking company, engages in the provision of 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 banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.

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