Close Brothers Group plc 9.3% Potential Decrease Indicated by Citigroup

Broker Ratings

Close Brothers Group plc with EPIC/TICKER (LON:CBG) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SELL’ this morning by analysts at Citigroup. Close Brothers Group plc are listed in the Financials sector within UK Main Market. Citigroup have set their target price at 1470 GBX on its stock. This would indicate that the analyst believes there is a downside of -9.3% from the opening price of 1620 GBX. Over the last 30 and 90 trading days the company share price has increased 190 points and increased 233 points respectively. The 1 year high for the stock price is 1663 GBX while the 52 week low for the stock is 1209 GBX.

Close Brothers Group plc has a 50 day moving average of 1,451.08 GBX and the 200 Day Moving Average price is recorded at 1,436.27. There are currently 151,280,522 shares in issue with the average daily volume traded being 381,787. Market capitalisation for LON:CBG is £2,428,052,378 GBP.

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