▼ -100.00% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Close Brothers Group in the last 3 months. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $46.22.
The current consensus among 9 polled investment analysts is to hold stock in Close Brothers Group. This rating has held steady since December 2019, when it changed from a Sell consensus rating.
Close Brothers Group Plc operates as a merchant banking group, which provides lending, deposit taking, securities trading and wealth management services. It operates through the following segments: Retail Finance, Commercial Finance, Property Finance, Securities, and Asset Management. The Retail Finance segment provides loans to predominantly retail customers, through a network of intermediaries. The Commercial Finance segment segment lends principally to small and medium-sized enterprises, both through its direct sales force and via brokers. The Property Finance segment specializes in short-term residential development finance, refurbishment, and bridging loans in London, the South East, and selected regional locations. The Securities segment consists of Winterflood, a market-maker for retail stock brokers and institutions. The Asset Management segment provides financial advice and investment management services to private clients. The company was founded by William Brooks Close in 1878 and is headquartered in London, the United Kingdom.