Close Brothers Group plc 6.6% Potential Upside Indicated by JP Morgan Cazenove

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 ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Close Brothers Group plc are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set a target price of 1550 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 6.6% from today’s opening price of 1454 GBX. Over the last 30 and 90 trading days the company share price has decreased 155 points and increased 44 points respectively. The 1 year high stock price is 1663 GBX while the year low share price is currently 1209 GBX.

Close Brothers Group plc has a 50 day moving average of 1,562.63 GBX and a 200 Day Moving Average share price is recorded at 1,449.23. There are currently 151,308,271 shares in issue with the average daily volume traded being 397,189. Market capitalisation for LON:CBG is £2,246,998,934 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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