Close Brothers H1 operating profits tick up
16th Mar 2021 09:19
(Sharecast News) - Merchant banking group Close Brothers said on Tuesday that it had delivered a "strong performance" given the current trading environment, with operating profits ticking up in the six months ended 31 January.
Read moreLiberum initiates coverage of challenger banks, OneSavings top pick
8th Dec 2020 15:15
(Sharecast News) - Liberum has initiated coverage of five challenger banks and specialist lenders, with 'buy' ratings on OneSavings Bank, Virgin Money UK and Paragon Banking Group.
Read moreFriday broker round-up
20th Nov 2020 13:13
(Sharecast News) - Quilter: Barclays initiates at equal weight with a target price of 140p.
Read moreClose Brothers delivers 'strong performance' in Q1
19th Nov 2020 08:15
(Sharecast News) - Merchant banking group Close Brothers said on Thursday that it had delivered "a strong performance" in the first quarter, reflecting high levels of new business volumes in its lending businesses.
Read moreDirector dealings: Close Brothers finance director sells shares
6th Oct 2020 16:20
(Sharecast News) - Close Brothers Group revealed on Tuesday that group finance director Mike Morgan had sold 10,536 ordinary shares in the FTSE 250-listed merchant banking group.
Read moreJefferies says Close Brothers has no edge in this recession
25th Sep 2020 15:26
(Sharecast News) - Jefferies increased its price target for Close Brothers but kept its 'underperform' rating, arguing the bank lacks the competitive edge it had in the last recession.
Read moreTuesday broker round-up
22nd Sep 2020 13:28
(Sharecast News) - Imperial Brands: RBC Capital Markets upgrades to outperform with a target price of 1,900.0p.
Read moreClose Brothers reinstates dividend amid 'resilient performance'
22nd Sep 2020 08:07
(Sharecast News) - Merchant banking group Close Brothers said on Tuesday that the firm had delivered a "resilient performance" in the year ended 31 July but acknowledged that its outlook was "still uncertain".
Read moreTuesday preview: Fed's Powell, Close Brothers Group in focus
21st Sep 2020 16:58
(Sharecast News) - All eyes will be on US Federal Reserve chairman, Jerome Powell, as he testifies before a panel from the US House of Representatives' Financial Services Committee.
Read moreThursday broker round-up
23rd Jul 2020 14:25
(Sharecast News) - Stagecoach Group: Peel Hunt upgrades to buy with a target price of 70.0p.
Read moreBerenberg lowers target price on Close Brothers
23rd Jul 2020 13:36
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on merchant bank Close Brothers from 1,170 to 1,100 on Thursday but stated the group appeared to be "weathering the storm".
Read moreClose Brothers loan activity falls year-to-date
22nd Jul 2020 08:32
(Sharecast News) - Merchant banking group Close Brothers said on Wednesday that loan activity had fallen in the eleven months ended 30 June but also noted that it had witnessed signs of recovery following the easing of Downing Street's lockdown restrictions.
Read moreWednesday broker round-up
1st Jul 2020 13:25
(Sharecast News) - Unite Group: Berenberg downgrades to hold with a target price of 1,000.0p.
Read moreClose Brothers appoints Adrian Sainsbury as new CEO
22nd Jun 2020 07:28
(Sharecast News) - Wealth manager Close Brothers said Adrian Sainsbury had been selected to succeed Preben Prebensen as chief executive.
Read moreClose Brothers' Q3 bad debt charge jumps to £86.7m
22nd May 2020 07:44
(Sharecast News) - Close Brothers set aside £86.7m for bad debts in its third quarter to reflect the effects of the Covid-19 crisis on the economy and the merchant bank's clients.
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