Insider Buying: Close Brothers Group plc (LON:CBG) Insider Purchases 5,000 Shares of Stock

Posted by Linda Flegge on Mar 23rd, 2025

Close Brothers Group plc (LON:CBG – Get Free Report) insider Michael N. Biggs bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The stock was acquired at an average price of GBX 288 ($3.72) per share, with a total value of £14,400 ($18,592.64).

Close Brothers Group Price Performance

Shares of LON:CBG opened at GBX 283.71 ($3.66) on Friday. The firm has a market capitalization of £427.45 million, a PE ratio of 4.27, a P/E/G ratio of 1.87 and a beta of 0.82. The business has a 50-day moving average of GBX 309.75 and a two-hundred day moving average of GBX 311.20. Close Brothers Group plc has a 12 month low of GBX 179.83 ($2.32) and a 12 month high of GBX 564 ($7.28).

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

Analysts Set New Price Targets

Several equities analysts recently commented on CBG shares. Deutsche Bank Aktiengesellschaft dropped their target price on Close Brothers Group from GBX 610 ($7.88) to GBX 600 ($7.75) and set a “hold” rating for the company in a research note on Thursday, February 13th. Shore Capital restated a “buy” rating on shares of Close Brothers Group in a research note on Tuesday, March 18th.

View Our Latest Report on Close Brothers Group

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.