Close Brothers Group plc (OTCMKTS:CBGPY) has been assigned an average rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.
A number of equities research analysts have recently issued reports on the stock. Investec raised shares of Close Brothers Group from a “hold” rating to a “buy” rating in a report on Thursday, November 25th. UBS Group reaffirmed a “neutral” rating on shares of Close Brothers Group in a report on Monday, November 22nd. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Close Brothers Group in a report on Monday, November 22nd. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Close Brothers Group in a report on Wednesday, September 29th.
Shares of Close Brothers Group stock traded down $0.35 during trading hours on Friday, reaching $38.66. 7,493 shares of the company’s stock were exchanged, compared to its average volume of 13,049. Close Brothers Group has a 1 year low of $34.16 and a 1 year high of $53.10. The business has a fifty day moving average of $37.36 and a two-hundred day moving average of $41.12.
Close Brothers Group Plc operates as a merchant banking group, which provides lending, deposit taking, securities trading and wealth management services. It operates through the following segments: Retail Finance, Commercial Finance, Property Finance, Securities, and Asset Management. The Retail Finance segment provides loans to predominantly retail customers, through a network of intermediaries.
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