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

Posted by Editorial Team on Mar 21st, 2025

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

Close Brothers Group Trading Down 3.9 %

Shares of Close Brothers Group stock opened at GBX 274 ($3.55) on Friday. The firm has a market cap of £412.81 million, a P/E ratio of 4.13, a P/E/G ratio of 1.87 and a beta of 0.82. Close Brothers Group plc has a 12 month low of GBX 179.83 ($2.33) and a 12 month high of GBX 564 ($7.31). The stock’s fifty day moving average price is GBX 308.27 and its 200-day moving average price is GBX 313.01.

Close Brothers Group (LON:CBG – Get Free Report) last issued its quarterly earnings data 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%. Analysts forecast that Close Brothers Group plc will post 66.0070671 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CBG. Deutsche Bank Aktiengesellschaft cut their price target on Close Brothers Group from GBX 610 ($7.91) to GBX 600 ($7.78) and set a “hold” rating on the stock in a research note on Thursday, February 13th. Shore Capital restated a “buy” rating on shares of Close Brothers Group in a research note on Tuesday.

Check Out Our Latest Stock Report on CBG

Close Brothers Group Company Profile

(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.