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Close Brothers Group ( (GB:CBG) ) has provided an announcement.
Close Brothers Group plc has announced the grant of options to employees under its Sharesave Scheme 2025, which includes nine persons discharging managerial responsibilities. This move is part of the company’s ongoing efforts to align employee interests with those of shareholders, potentially enhancing employee retention and motivation. The options, granted on 29 May 2025, cover ordinary shares priced at £2.43 each, and are set for a three-year term, reflecting the company’s commitment to long-term growth and stability.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £5.60 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 overall score reflects financial and liquidity challenges amidst restructuring efforts. While short-term technicals show some support, the company’s negative earnings and lack of dividends weigh on valuation. Recent corporate actions exhibit management’s confidence and strategic focus, offering some optimism for recovery.
To see Spark’s full report on GB:CBG stock, click here.
More about Close Brothers Group
Close Brothers Group plc operates in the financial services industry, providing a range of banking, securities, and asset management services. The company focuses on serving small and medium-sized enterprises, as well as retail clients, with a strong emphasis on maintaining a prudent and disciplined approach to lending.
Average Trading Volume: 1,127,693
Technical Sentiment Signal: Sell
Current Market Cap: £487.7M
See more insights into CBG stock on TipRanks’ Stock Analysis page.