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Close Brothers Group plc 12.1% Potential Upside Indicated by Berenberg

Close Brothers Group plc using EPIC/TICKER code (LON:CBG) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Close Brothers Group plc are listed in the Financials sector within UK Main Market. Berenberg have set their target price at 1515 GBX on its stock. This would imply the analyst believes there is now a potential upside of 12.1% from today’s opening price of 1351 GBX. Over the last 30 and 90 trading days the company share price has decreased 39 points and decreased 196 points respectively. The 52 week high for the stock is 1715 GBX while the 52 week low is 1315 GBX.

Close Brothers Group plc has a 50 day moving average of 1,432.50 GBX and the 200 Day Moving Average price is recorded at 1,532.38. There are currently 364,418,824 shares in issue with the average daily volume traded being 453,698. Market capitalisation for LON:CBG is £2,088,356,122 GBP.