Close 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.
Read moreFriday broker round-up
24th Apr 2020 13:45
(Sharecast News) - Beazley: Jefferies upgrades to buy with a target price of 575p.
Read moreSunday share tips: Close Brothers, Yew Grove
19th Apr 2020 17:58
(Sharecast News) - Close Brothers has several things going for in comparison to its peers, but it too faces challenges and with so much uncertainty around they are best kept at "arm's length", The Sunday Times's Emma Dunkley says.
Read moreWednesday broker round-up
8th Apr 2020 12:53
(Sharecast News) - Travis Perkins: JP Morgan downgrades to underweight with a target price of 920p.
Read moreClose Brothers scraps interim dividend
2nd Apr 2020 07:47
(Sharecast News) - Close Brothers has cancelled its interim dividend to conserve capital during the Covid-19 crisis.
Read moreClose Brothers FY profits slip as banking unit stumbles
10th Mar 2020 08:05
(Sharecast News) - Merchant banking group Close Brothers said on Tuesday that full-year profits had fallen in 2019 on the back of a weaker performance in its banking business amid a lower interest rate environment.
Read moreTuesday broker round-up
28th Jan 2020 12:40
(Sharecast News) - BAE Systems: Barclays upgrades to overweight with a target price of 760p.
Read moreBerenberg trims target on Close Brothers following 'cautious' update
23rd Jan 2020 10:56
(Sharecast News) - Analysts at Berenberg lowered their target price on merchant banking group Close Brothers' shares to 1,410.0p from 1,460.0p following the second consecutive cautious trading update from the company.
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