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Close Brothers Group plc 30% Potential Upside Indicated by JP Morgan Cazenove

Close Brothers Group plc with EPIC/TICKER (LON:CBG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Close Brothers Group plc are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set a target price of 1800 GBX on its stock. This would imply the analyst believes there is now a potential upside of 30.0% from the opening price of 1385 GBX. Over the last 30 and 90 trading days the company share price has decreased 65 points and decreased 131 points respectively. The 1 year high for the share price is 1715 GBX while the 52 week low for the share price is 1315 GBX.

Close Brothers Group plc has a 50 day moving average of 1,457.46 GBX and a 200 Day Moving Average share price is recorded at 1,537.47. There are currently 151,769,986 shares in issue with the average daily volume traded being 413,641. Market capitalisation for LON:CBG is £2,069,535,492 GBP.