Close Brothers Group (LON:CBG) Stock Price Down 21.9% – Here’s Why

Posted by Scott Moore on Mar 18th, 2025

Close Brothers Group plc (LON:CBG – Get Free Report)’s stock price traded down 21.9% during trading on Tuesday . The stock traded as low as GBX 268.20 ($3.48) and last traded at GBX 269.80 ($3.50). 6,129,683 shares changed hands during mid-day trading, an increase of 150% from the average session volume of 2,450,847 shares. The stock had previously closed at GBX 345.40 ($4.49).

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Close Brothers Group from GBX 610 ($7.92) to GBX 600 ($7.79) and set a “hold” rating on the stock in a research note on Thursday, February 13th. Shore Capital restated a “buy” rating on shares of Close Brothers Group in a research note on Monday, March 3rd.

Check Out Our Latest Research Report on Close Brothers Group

Close Brothers Group Stock Performance

The business’s 50 day moving average is GBX 304.94 and its 200 day moving average is GBX 316.91. The stock has a market cap of £406.49 million, a price-to-earnings ratio of 4.07, a price-to-earnings-growth ratio of 1.87 and a beta of 0.82.

Close Brothers Group (LON:CBG – Get Free Report) last released its quarterly earnings data on Tuesday, March 18th. The company reported GBX 30.90 ($0.40) earnings per share (EPS) for the quarter. Close Brothers Group had a net margin of 7.79% and a return on equity of 5.78%. Research analysts expect that Close Brothers Group plc will post 66.0070671 earnings per share for the current year.

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.