Close Brothers Group plc 7.2% Potential Decrease Indicated by Berenberg

Broker Ratings
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Close Brothers Group plc with EPIC/TICKER (LON:CBG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Close Brothers Group plc are listed in the Financials sector within UK Main Market. Berenberg have set their target price at 1100 GBX on its stock. This would indicate that the analyst believes there is a downside of -7.2% from the opening price of 1185 GBX. Over the last 30 and 90 trading days the company share price has increased 63 points and increased 137 points respectively. The 1 year high stock price is 1663 GBX while the 52 week low for the stock is 849 GBX.

Close Brothers Group plc has a 50 day moving average of 1,136.64 GBX and a 200 Day Moving Average share price is recorded at 1,305.92. There are currently 151,326,465 shares in issue with the average daily volume traded being 281,564. Market capitalisation for LON:CBG is £1,785,652,287 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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