Close Brothers Group plc (LON:CBG) Insider Michael N. Biggs Acquires 5,000 Shares

Posted by Defense World Staff on Mar 21st, 2025

Close Brothers Group plc (LON:CBG – Get Free Report) insider Michael N. Biggs bought 5,000 shares of the stock in a transaction dated Wednesday, March 19th. The shares were purchased at an average price of GBX 288 ($3.73) per share, with a total value of £14,400 ($18,672.20).

Close Brothers Group Stock Performance

LON:CBG opened at GBX 274 ($3.55) on Friday. The stock’s fifty day moving average is GBX 308.27 and its 200 day moving average is GBX 313.01. Close Brothers Group plc has a fifty-two week low of GBX 179.83 ($2.33) and a fifty-two week high of GBX 564 ($7.31). The firm has a market capitalization of £412.81 million, a PE ratio of 4.13, a PEG ratio of 1.87 and a beta of 0.82.

Close Brothers Group (LON:CBG – Get Free Report) last released its quarterly earnings results on Tuesday, March 18th. The company reported GBX 30.90 ($0.40) earnings per share for the quarter. Close Brothers Group had a return on equity of 5.78% and a net margin of 7.79%. Equities analysts forecast that Close Brothers Group plc will post 66.0070671 EPS for the current year.

Analyst Upgrades and Downgrades

CBG has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft lowered their target price on Close Brothers Group from GBX 610 ($7.91) to GBX 600 ($7.78) and set a “hold” rating for the company in a research report on Thursday, February 13th. Shore Capital reiterated a “buy” rating on shares of Close Brothers Group in a research report on Tuesday.

Read Our Latest Research Report on Close Brothers Group

About Close Brothers Group

(Get Free Report)

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.