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Close Brothers Group ( (GB:CBG) ) just unveiled an update.
Close Brothers Group PLC reported a resilient performance for the financial year ended July 31, 2025, with an adjusted operating profit of £144 million despite a challenging environment. The company has taken significant steps to simplify its business and strengthen its capital position, including the sale of several businesses and a focus on commercial lines in its Premium Finance business. The group is implementing cost-saving measures and plans to exit its Vehicle Hire business, aiming to drive efficiency and capture growth opportunities. The Supreme Court’s favorable judgment and ongoing FCA consultation are expected to provide clarity on industry-wide issues, supporting Close Brothers’ strategic repositioning and future growth.
The most recent analyst rating on (GB:CBG) stock is a Hold with a £535.00 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 Group PLC operates in the financial services industry, focusing on providing banking, asset management, and securities trading services. The company primarily serves small and medium-sized enterprises (SMEs) in the UK and Ireland, leveraging its strong market positions and specialist expertise.
Average Trading Volume: 822,261
Technical Sentiment Signal: Hold
Current Market Cap: £754.5M
See more insights into CBG stock on TipRanks’ Stock Analysis page.