Is Close Brothers Group plc (CBGPY) a Buy, Sell, or Hold?
OTC : CBGPY
Close Brothers Group plc — News
$10.88 USD
$0 (0.0%)
- Volume
- 200
- Average Volume
- 62
- Market Capitalization
- $812.75M
- P/E Ratio
- -12.02
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $15.03
- Year Low
- $9.04
- Day High
- —
- Day Low
- —
- Payout Ratio
- -$0.36
- Current Ratio
- $2.77
| Source | Headline |
|---|---|
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RBC downgrades Close Brothers and slashes price target on motor finance delay
Shares in Close Brothers Group PLC (LSE:CBG) were down 5% at 418.82p after being downgraded by RBC Capital Markets, which cut its rating to 'sector perform' from 'outperform' and lowered its price target to 470p from 625p. Analyst Benjamin Toms said the shares could drift lower from here after a fresh setback in the long-running motor finance saga. proactiveinvestors.co.uk - 2026-07-06 06:41:31 |
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Shore Capital turns positive on Close Brothers as motor finance fears look overdone
Shore Capital has upgraded Close Brothers Group PLC (LSE:CBG), the specialist lender and asset manager, to buy from hold, arguing that the shares now offer an attractive balance of risk and reward. The broker lifted its price target to 495p from 490p, implying upside of around 21% from the current level of 408p. proactiveinvestors.co.uk - 2026-07-03 10:28:40 |
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Close Brothers restructuring savings expected to beat guidance
Close Brothers Group PLC (LSE:CBG) shares fell 1.5% to 452.9p despite the lender saying it expects cost savings and operating expenses to improve beyond previous guidance as restructuring measures accelerate. The merchant banking group said it now expects to exceed its target of about £25 million of annualised savings by the end of the 2026 financial year after bringing forward cost reduction measures, including outsourcing, offshoring and management simplification. proactiveinvestors.co.uk - 2026-05-21 04:23:57 |
