Fiona McCarthy Sells 1,626 Shares of Close Brothers Group (LON:CBG) Stock

Close Brothers Group plc (LON:CBG) insider Fiona McCarthy sold 1,626 shares of the stock in a transaction dated Friday, July 31st. The stock was sold at an average price of GBX 426, for a total transaction of £6,926.76.

Fiona McCarthy also recently made the following trade(s):

• On Monday, July 6th, Fiona McCarthy bought 37 shares of Close Brothers Group stock. The stock was purchased at an average price of GBX 406 per share, with a total value of £150.22.
• On Friday, June 5th, Fiona McCarthy bought 33 shares of Close Brothers Group stock. The stock was purchased at an average cost of GBX 459 per share, with a total value of £151.47.
• On Tuesday, May 5th, Fiona McCarthy bought 34 shares of Close Brothers Group stock. The stock was purchased at an average cost of GBX 443 per share, with a total value of £150.62.

Close Brothers Group Trading Up 1.5%

CBG stock traded up GBX 6.26 during trading on Monday, reaching GBX 433.20. 953,529 shares of the stock were exchanged, compared to its average volume of 2,903,842. The firm’s 50 day moving average is GBX 433.98 and its 200 day moving average is GBX 448.56. The firm has a market cap of £652.89 million, a P/E ratio of -12.27, a price-to-earnings-growth ratio of 1.87 and a beta of 1.24. Close Brothers Group plc has a twelve month low of GBX 318.40 and a twelve month high of GBX 563.50.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. UBS Group reissued a “buy” rating and issued a GBX 555 price target on shares of Close Brothers Group in a research report on Monday, May 18th. Shore Capital Group lowered shares of Close Brothers Group to a “hold” rating and set a GBX 475 target price on the stock. in a report on Wednesday, April 8th. Finally, Royal Bank Of Canada downgraded Close Brothers Group to a “sector perform” rating and cut their price target for the company from GBX 625 to GBX 470 in a research note on Monday, July 6th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Close Brothers Group has an average rating of “Moderate Buy” and an average target price of GBX 481.25.

Close Brothers Group Company Profile

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.