Close Brothers Group (LON:CBG) Shares Down 21.7% – Time to Sell?

Posted by James Quigley on Mar 20th, 2025

Close Brothers Group plc (LON:CBG – Get Free Report) shares traded down 21.7% during mid-day trading on Tuesday . The company traded as low as GBX 258.20 ($3.36) and last traded at GBX 270.40 ($3.52). 8,381,713 shares traded hands during trading, an increase of 236% from the average session volume of 2,494,987 shares. The stock had previously closed at GBX 345.40 ($4.49).

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Shore Capital reissued a “buy” rating on shares of Close Brothers Group in a report on Tuesday. Deutsche Bank Aktiengesellschaft lowered their price target on Close Brothers Group from GBX 610 ($7.94) to GBX 600 ($7.81) and set a “hold” rating on the stock in a report on Thursday, February 13th.

Check Out Our Latest Analysis on CBG

Close Brothers Group Trading Down 0.7 %

The company has a market capitalization of £426.29 million, a PE ratio of 4.26, a PEG ratio of 1.87 and a beta of 0.82. The stock has a fifty day moving average of GBX 307.19 and a two-hundred day moving average of GBX 313.28.

Close Brothers Group (LON:CBG – Get Free Report) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 30.90 ($0.40) earnings per share for the quarter. Close Brothers Group had a return on equity of 5.78% and a net margin of 7.79%. Equities analysts forecast that Close Brothers Group plc will post 66.0070671 EPS for the current year.

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.