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An update from Close Brothers Group ( (GB:CBG) ) is now available.
Close Brothers Group has reported a solid start to its 2026 financial year, with a focus on cost reduction and strategic priorities to enhance operational efficiency and growth. Despite a slight decrease in the loan book due to external uncertainties, the company has seen growth in its Asset and Motor Finance sectors. The group is addressing the FCA’s proposed redress scheme for motor finance commissions, which led to a significant increase in provisions. Close Brothers maintains a strong capital position, with a stable funding base and liquidity, and continues to engage with regulatory bodies to ensure fair outcomes for customers.
The most recent analyst rating on (GB:CBG) stock is a Buy with a £400.00 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 UK specialist banking group providing lending, deposit taking, and securities trading services. The company primarily operates in the United Kingdom and Ireland, employing approximately 3,000 people, and is listed on the London Stock Exchange as a constituent of the FTSE 250.
Average Trading Volume: 685,392
Technical Sentiment Signal: Sell
Current Market Cap: £635.2M
For an in-depth examination of CBG stock, go to TipRanks’ Overview page.