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

Posted by Lindsey Winhoffer on Mar 20th, 2025

Close Brothers Group plc (LON:CBG – Get Free Report) insider Michael N. Biggs bought 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 19th. The stock was purchased at an average price of GBX 288 ($3.75) per share, with a total value of £14,400 ($18,732.93).

Close Brothers Group Stock Performance

Shares of LON:CBG traded down GBX 12 ($0.16) during trading on Thursday, reaching GBX 273 ($3.55). The company had a trading volume of 1,838,381 shares, compared to its average volume of 2,491,904. The firm’s fifty day moving average is GBX 307.19 and its 200 day moving average is GBX 313.28. The firm has a market capitalization of £411.31 million, a PE ratio of 4.11, a price-to-earnings-growth ratio of 1.87 and a beta of 0.82. Close Brothers Group plc has a twelve month low of GBX 179.83 ($2.34) and a twelve month high of GBX 564 ($7.34).

Close Brothers Group (LON:CBG – Get Free Report) last announced its 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 predict that Close Brothers Group plc will post 66.0070671 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CBG has been the subject of several research reports. Deutsche Bank Aktiengesellschaft decreased their target price on Close Brothers Group from GBX 610 ($7.94) to GBX 600 ($7.81) and set a “hold” rating for the company in a research report on Thursday, February 13th. Shore Capital reaffirmed a “buy” rating on shares of Close Brothers Group in a research report on Tuesday.

Read Our Latest Research 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.