Close Brothers Group plc (LON:CBG)‘s stock had its “overweight” rating reissued by stock analysts at Barclays PLC in a report issued on Monday. They presently have a GBX 1,500 ($18.74) price objective on the stock. Barclays PLC’s target price suggests a potential upside of 10.23% from the stock’s previous close.
A number of other equities analysts have also weighed in on CBG. Numis Securities Ltd reissued a “buy” rating and issued a GBX 1,551 ($19.38) price objective on shares of Close Brothers Group plc in a research report on Wednesday, August 17th. Liberum Capital lowered shares of Close Brothers Group plc to a “hold” rating and upped their price target for the stock from GBX 1,184 ($14.79) to GBX 1,398 ($17.47) in a research report on Thursday, August 18th. Citigroup Inc. reaffirmed a “buy” rating on shares of Close Brothers Group plc in a research report on Tuesday, September 13th. Royal Bank Of Canada reaffirmed a “sector performer” rating and set a GBX 1,400 ($17.49) price target on shares of Close Brothers Group plc in a research report on Friday, September 23rd. Finally, Panmure Gordon reaffirmed a “hold” rating and set a GBX 1,500 ($18.74) price target on shares of Close Brothers Group plc in a research report on Tuesday, September 27th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 1,480.89 ($18.50).
Shares of Close Brothers Group plc (LON:CBG) opened at 1360.7928 on Monday. The stock has a 50 day moving average of GBX 1,343.49 and a 200-day moving average of GBX 1,297.71. Close Brothers Group plc has a one year low of GBX 975.00 and a one year high of GBX 1,477.00. The firm’s market capitalization is GBX 2.01 billion.
The company also recently announced a dividend, which was paid on Tuesday, November 22nd. Stockholders of record on Thursday, October 13th were paid a GBX 38 ($0.47) dividend. The ex-dividend date of this dividend was Thursday, October 13th. This is an increase from Close Brothers Group plc’s previous dividend of $19.00. This represents a dividend yield of 2.76%.
In other news, insider Elizabeth Lee sold 20,000 shares of the company’s stock in a transaction on Tuesday, September 27th. The shares were sold at an average price of GBX 1,417 ($17.70), for a total value of £283,400 ($354,072.96). Also, insider Jonathan Howell sold 149,292 shares of the company’s stock in a transaction on Tuesday, October 4th. The shares were sold at an average price of GBX 1,378 ($17.22), for a total transaction of £2,057,243.76 ($2,570,269.57).