Fiona McCarthy Acquires 34 Shares of Close Brothers Group (LON:CBG) Stock

Close Brothers Group plc (LON:CBG) insider Fiona McCarthy purchased 34 shares of Close Brothers Group stock in a transaction that occurred on Tuesday, May 5th. The shares were bought at an average price of GBX 443 per share, for a total transaction of £150.62.

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

• On Thursday, March 5th, Fiona McCarthy purchased 33 shares of Close Brothers Group stock. The shares were bought at an average price of GBX 453 per share, for a total transaction of £149.49.

Close Brothers Group Stock Performance

Shares of LON CBG traded up GBX 31.90 during midday trading on Wednesday, hitting GBX 482.30. 748,892 shares of the company traded hands, compared to its average volume of 3,456,774. Close Brothers Group plc has a 12-month low of GBX 314.38 and a 12-month high of GBX 563.50. The stock has a 50-day moving average price of GBX 427.58 and a 200 day moving average price of GBX 457.81. The firm has a market cap of £726.09 million, a P/E ratio of -13.66, a P/E/G ratio of 1.87 and a beta of 1.23.

Close Brothers Group (LON:CBG) last announced its quarterly earnings results on Tuesday, March 17th. The company reported GBX 27.10 earnings per share (EPS) for the quarter. Close Brothers Group had a negative net margin of 4.66% and a negative return on equity of 2.03%. As a group, equities analysts expect that Close Brothers Group plc will post 66.0070671 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on CBG. Royal Bank Of Canada raised shares of Close Brothers Group to an “outperform” rating and boosted their price objective for the stock from GBX 475 to GBX 625 in a research note on Friday, January 16th. UBS Group upgraded shares of Close Brothers Group to a “buy” rating and set a GBX 555 price objective on the stock in a research report on Friday, March 27th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Close Brothers Group from GBX 550 to GBX 570 and gave the company a “buy” rating in a research report on Friday, January 23rd. Finally, Shore Capital Group downgraded shares of Close Brothers Group to a “hold” rating and set a GBX 475 price objective on the stock. in a research report on Wednesday, April 8th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 500.63.

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.