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Close Brothers Group ( (GB:CBG) ) has provided an update.
Close Brothers Group has appointed Fiona McCarthy as an executive director on its Board of Directors, effective August 29, 2025. Fiona, who joined the group in 2019 and has over 30 years of experience in financial services, will continue her role as Chief Finance Officer, ensuring strong continuity in the group’s leadership. This appointment follows Mike Morgan’s transition to Group Chief Executive and is seen as a strategic move to bolster the company’s leadership team, which is expected to positively impact its operations and market positioning.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £525.00 price target. To see the full list of analyst forecasts on Close Brothers Group stock, see the GB:CBG Stock Forecast page.
Spark’s Take on GB:CBG Stock
According to Spark, TipRanks’ AI Analyst, GB:CBG is a Neutral.
Close Brothers Group’s stock score is primarily driven by strong technical indicators and positive corporate events, which suggest a favorable market sentiment and strategic alignment. However, financial performance challenges and valuation concerns moderate the overall score. The company’s ability to address revenue growth and cash flow management will be crucial for future stability.
To see Spark’s full report on GB:CBG stock, click here.
More about Close Brothers Group
Close Brothers is a leading UK merchant banking group providing lending, deposit taking, and securities trading. The company employs approximately 3,000 people, primarily in the United Kingdom and Ireland, and is listed on the London Stock Exchange as a constituent of the FTSE 250.
Average Trading Volume: 832,999
Technical Sentiment Signal: Buy
Current Market Cap: £709.9M
See more insights into CBG stock on TipRanks’ Stock Analysis page.