Close Brothers Group plc 21.8% Potential Decrease Indicated by Jefferies International

Broker Ratings
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Close Brothers Group plc using EPIC/TICKER code (LON:CBG) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Jefferies International. Close Brothers Group plc are listed in the Financials sector within UK Main Market. Jefferies International have set their target price at 800 GBX on its stock. This would indicate that the analyst believes there is a downside of -21.8% from today’s opening price of 1023 GBX. Over the last 30 and 90 trading days the company share price has decreased 79 points and decreased 468 points respectively. The 52 week high for the share price is currently at 1663 GBX while the 52 week low for the stock is 849 GBX.

Close Brothers Group plc has a 50 day moving average of 1,162.97 GBX and the 200 Day Moving Average price is recorded at 1,372.65. There are currently 104,678,395 shares in issue with the average daily volume traded being 530,962. Market capitalisation for LON:CBG is £1,593,438,476 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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