# Close Brothers Group plc 14.1% potential upside indicated by Peel Hunt Limited

- Link: https://www.directorstalkinterviews.com/close-brothers-group-plc-14.1-potential-upside-indicated-by-peel-hunt-limited/4121129080
- Published: 2023-10-10T13:00:43+01:00
- Author: Charlotte Edwards

**Close Brothe[rs Group plc](https://www.directorstalkinterviews.com/ftse-company/rs-group/rs1.l)**
with ticker (LON:CBG) now has a potential upside of 14.1% according to Peel Hunt
Limited.
Peel Hunt Limited set a target price of 961 GBX for the company, which 
when compared to the Close Brothers Group plc share price of 843 GBX at opening 
today (10/10/2023) indicates a potential upside of 14.1%. Trading has ranged between
790 (52 week low) and 1,139 (52 week high) with an average of 339,050 shares exchanging
hands daily. The market capitalisation at the time of writing is £1,316,519,949.
Close Brothers Group plc is a United Kingdom-based merchant banking company. The
Company is engaged in providing lending, deposit-taking, wealth management services
and securities trading. Its segments include Commercial, Retail, Property, Asset
Management and Securities. The Commercial segment provides secured lending principally
to small and medium-sized enterprises (SME), both through their direct sales force
and via third party distribution channels. The Retail segment provides loans to 
predominantly individuals and small businesses, through a network of intermediaries.
The Property segment specializes in short-term residential development finance through
property finance, and also offers refurbishment and bridging loans through commercial
acceptances. Its Asset Management segment provides financial advice and investment
management services to private clients in the United Kingdom. The Securities segment
is a market maker for retail stockbrokers and institutions.

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