Close Brothers Group plc 16.2% Potential Upside Indicated by Shore Capital

Broker Ratings
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Close Brothers Group plc using EPIC/TICKER code (LON:CBG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Shore Capital. Close Brothers Group plc are listed in the Financials sector within UK Main Market. Shore Capital have set their target price at 1580 GBX on its stock. This would imply the analyst believes there is now a potential upside of 16.2% from the opening price of 1360 GBX. Over the last 30 and 90 trading days the company share price has increased 63 points and decreased 44 points respectively. The 1 year high for the share price is 1682 GBX while the year low stock price is currently 1209 GBX.

Close Brothers Group plc has a 50 day moving average of 1,343.76 GBX and a 200 Day Moving Average share price is recorded at 1,453.42. There are currently 151,402,288 shares in issue with the average daily volume traded being 340,247. Market capitalisation for LON:CBG is £2,065,127,208 GBP.

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    Close Brothers Group plc (LON:CBG) has released its Half Year Results for the Six Months to 31 January 2024. CEO Adrian Sainsbury highlights the strong performance and decisive actions taken.

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