Preben Prebensen Acquires 11 Shares of Close Brothers Group plc (CBG) Stock

Close Brothers Group plc (LON:CBG) insider Preben Prebensen bought 11 shares of the stock in a transaction dated Monday, January 7th. The shares were bought at an average price of GBX 1,487 ($19.43) per share, for a total transaction of £163.57 ($213.73).

Shares of Close Brothers Group stock opened at GBX 1,521 ($19.87) on Friday. Close Brothers Group plc has a 1-year low of GBX 1,315 ($17.18) and a 1-year high of GBX 1,715 ($22.41).

CBG has been the topic of several recent research reports. Numis Securities cut Close Brothers Group to a “hold” rating and set a GBX 1,693 ($22.12) target price on the stock. in a report on Tuesday, September 25th. Shore Capital restated a “hold” rating on shares of Close Brothers Group in a report on Tuesday, September 25th. Peel Hunt restated a “hold” rating on shares of Close Brothers Group in a report on Tuesday, September 25th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Close Brothers Group in a report on Thursday, October 11th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Close Brothers Group presently has a consensus rating of “Hold” and a consensus target price of GBX 1,618.86 ($21.15).

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About Close Brothers Group

Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Securities, and Asset Management. The company offers various deposit products, including fixed term deposits and notice accounts.

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