Close Brothers Group plc (LON:CBG) price target lowered to GBX 1,500 by Berenberg Bank

Analyst Ratings For Close Brothers Group plc (LON:CBG)

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Today, Berenberg Bank lowered its price target on Close Brothers Group plc (LON:CBG) to GBX 1,500 per share.

There are 6 Hold Ratings, 2 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Close Brothers Group plc (LON:CBG) is Hold with a consensus target price of GBX 1,608.63 per share, a potential .

Some recent analyst ratings include

  • 3/13/2019-Close Brothers Group plc (LON:CBG) had its Neutral rating reiterated by UBS Group with a GBX 1,565 price target
  • 3/12/2019-Close Brothers Group plc (LON:CBG) had its Hold rating reiterated by Numis Securities with a GBX 1,654 price target
  • 3/11/2019-Close Brothers Group plc (LON:CBG) had its Hold rating reiterated by Peel Hunt

    About Close Brothers Group plc (LON:CBG)
    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, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts. It also provides asset finance, asset-based lending, commercial vehicle hire, short-term bridging finance, insurance premium finance, invoice discounting and factoring, motor finance, and property finance products. In addition, the company offers funding services for general aviation aircraft, and various leisure and commercial vessels; sale and rent back services for the brewing sector; broker finance services to agriculture, construction, manufacturing, and transport industries; leasing services for construction, manufacturing, IT equipment, and specialist assets; loan, hire purchase, leasing, and refinancing services to the professional service sector, including dental, medical, pharmacy, and veterinary sectors; and technology services for technology funding, acquisition, management, and recovery. Further, it provides financial education, investment management, and financial planning and advice services; self-directed services that help investors to manage their portfolio online; and services for financial advisers. Additionally, the company offers liquidity and flexible execution services to retail stockbrokers, wealth managers, and institutional investors; market making, sales, research, and corporate broking services; and dealing, custody, and settlement services to the institutional, wealth management, and brokerage clients. Close Brothers Group plc was founded in 1878 and is based in London, the United Kingdom.

    Recent Trading Activity for Close Brothers Group plc (LON:CBG)
    Shares of Close Brothers Group plc closed the previous trading session at 501,00 −9,00 0,60 % with shares trading hands.

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