How to buy Close Brothers Group shares | 1386p

Own Close Brothers Group shares in just a few minutes. Share price changes are updated daily.

Fact checked

Close Brothers Group plc (CBG) is a leading capital markets business based in the UK. It opened the day at 1404p after a previous close of 1377p. During the day the price has varied from a low of 1363p to a high of 1410p. The latest price was 1386p (25 minute delay). Close Brothers Group is listed on the London Stock Exchange (LSE) and employs 3,500 staff. All prices are listed in pence sterling.

How to buy shares in Close Brothers Group

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: CBG in this case.
  5. Research Close Brothers Group shares. The platform should provide the latest information available.
  6. Buy your Close Brothers Group shares. It's that simple.
The whole process can take as little as 15 minutes.

How has Coronavirus impacted Close Brothers Group's share price?

Since the stock market crash in March caused by coronavirus, Close Brothers Group's share price has had significant negative movement.

Its last market close was 1027p, which is 28.68% down on its pre-crash value of 1440p and 20.97% up on the lowest point reached during the March crash when the shares fell as low as 849p.

If you had bought £1,000 worth of Close Brothers Group shares at the start of February 2020, those shares would have been worth £645.68 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £715.72.

Close Brothers Group share price

Use our graph to track the performance of CBG stocks over time.

Close Brothers Group shares at a glance

Information last updated 2020-12-18.
Open1404p
High1410p
Low1363p
Close1386p
Previous close1377p
Change 9p
Change % 0.654%
Volume 378,403
Information last updated 2020-12-27.
52-week range817.4972p - 1548.3872p
50-day moving average 1354.9117p
200-day moving average 1157.2817p
Wall St. target price1557.64p
PE ratio 19.931
Dividend yield 0.8p (5.54%)
Earnings per share (TTM) 72.5p
Promoted
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Other fees may apply. Your capital is at risk.

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Share dealing platform comparison

Table: sorted by promoted deals first
Data indicated here is updated regularly
Name Product Price per trade Frequent trader rate Platform fees Brand description
Fineco
£2.95
£2.95
Zero platform fee
Your first 100 trades are free with Fineco, T&Cs apply.
Fineco Bank is good for share traders and investors looking for a complete platform and wide offer. Capital at risk.
eToro Free Stocks
0% commission, no markup, no ticket fee, no management fee
N/A
Withdrawal fee & GDP to USD deposit conversion
Capital at risk. 0% commission but other fees may apply.
IG
0% commission on US shares, and £3 on UK shares
From £5
£0 - £24 per quarter
IG is good for experienced traders, and offers learning resources for beginners, all with wide access to shares, ETFs and funds. Capital at risk.
Hargreaves Lansdown Fund and Share Account
£11.95
£5.95
No fees
Hargreaves Lansdown is the UK's number one platform for private investors, with the depth of features you'd expect from an established platform. Capital at risk.
Degiro Share Dealing
£1.75 + 0.022% (max £5.00)
£1.75 + 0.022% (max £5.00)
Portfolio transfer fees (in & out)
Degiro is widely seen as one of the best low-cost share brokers, for people who are looking to trade regularly. Capital at risk.
Interactive Investor
From £7.99 on the Investor Service Plan
From £7.99 on the Investor Service Plan
No transfer fees or exit fees. £9.99 a month on the Investor Service Plan
Open an ISA, Trading Account or SIPP you will get £100 of free trades to buy or sell any investment (new customers only).
Interactive Investor offers everything most investors need. Its flat fees makes it pricey for small portfolios, but cheap for big ones. Capital at risk.
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Compare up to 4 providers

Data indicated here is updated regularly
Name Product Minimum deposit Maximum annual fee Price per trade Brand description
Interactive Investor stocks and shares ISA
Any lump sum or £25 a month
£119.88
£7.99
Interactive Investor offers everything most investors need. Its flat fees makes it pricey for small portfolios, but cheap for big ones. Capital at risk.
Moneyfarm stocks and shares ISA
£1500
0.75%
£0
Moneyfarm helps you meet your investment goals with fully-managed portfolios designed around you. Capital at risk.
Hargreaves Lansdown stocks and shares ISA
£100
0.45%
£11.95
Hargreaves Lansdown is the UK's biggest wealth manager. It's got everything you'll need, from beginners to experienced investors. Capital at risk.
Nutmeg stocks and shares ISA
£100
0.75%
£0
Nutmeg offers three types of portfolios. Choose the one that goes with your investment style. Capital at risk.
Saxo Markets stocks and shares ISA
No minimum deposit requirement
0.12%
£8.00
Saxo Markets offers a wide access to a range of stocks, ETFs and funds. Capital at risk.
AJ Bell stocks and shares ISA
£500
0.25%
£9.95
AJ Bell is a good all-rounder for people who to choose between shares, funds, ISAs and pensions. Capital at risk.
Fidelity stocks and shares ISA
£1000 or a regular savings plan from £50
0.35%
£10.00
Fidelity is another good all-rounder, offering a good package at a decent price. Not suited for trading shares. Capital at risk.
Legal & General stocks and shares ISA
Legal & General stocks and shares ISA
£100 or £20 a month
0.61%
N/A
Legal & General is a big financial services company which offers insurance, lifetime mortgage, pensions and stocks and shares ISAs. Capital at risk.
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Data indicated here is updated regularly
Name Product Minimum investment Choose from Annual fee Brand description
Interactive Investor Pension
Any lump sum or £25 a month
Over 3,000 funds
£10/month
interactive investor is a flat-fee platform, which makes it cost effective for larger portfolios. Capital at risk.
Moneyfarm Pension
£1,500 (initial investment)
7 funds
0.35%-0.75%
Moneyfarm has pensions that are matched against your risk appetite, goals and planned retirement date. Capital at risk.
AJ Bell Pension
£1,000
Over 2,000 funds
0.05-0.25%
AJ Bell has two different pension options, a self managed pension and one that is managed for you. Capital at risk.
PensionBee Pension
No minimum
7 funds
0.5% - 0.95%
Pension Bee is a newbie in the pension market. It helps consolidate your pension plans into one place. Capital at risk.
Hargreaves Lansdown Pension
£100 or £25 a month
2,500 funds
0-0.45%
Hargreaves Lansdown is the UK's biggest wealth manager. It's got three different retirement options. Capital at risk.
Saxo Markets Pension
Saxo Markets Pension
£10
Over 11,000 funds
No annual fee
Saxo Markets gives flexibility and control over your investment strategy. Capital at risk.
Penfold
Penfold
No minimum
4 portfolios
0.75-0.88%
Moneybox Pension
£1
3 funds
0.15% - 0.45% charged monthly
Manage your money with an easy-to-use Moneybox app. Capital at risk.
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Close Brothers Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Close Brothers Group price performance over time

Historical closes compared with the last close of 1386p

1 week (2021-01-14) -2.53%
1 month (2020-12-22) 1.99%
3 months (2020-10-22) 30.39%
6 months (2020-07-22) 17.36%
1 year (2020-01-22) -6.98%
2 years (2019-01-21) -11.27%
3 years (2018-01-19) -5.97%
5 years (2016-01-21) 9.48%

Is Close Brothers Group under- or over-valued?

Valuing Close Brothers Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Close Brothers Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Close Brothers Group's P/E ratio

Close Brothers Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Close Brothers Group shares trade at around 20x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71).

Close Brothers Group financials

Revenue TTM £748.9 million
Operating margin TTM 19.23%
Gross profit TTM £748.9 million
Return on assets TTM 1.01%
Return on equity TTM 7.67%
Profit margin 14.62%
Book value 9.695p
Market capitalisation £2.2 billion

TTM: trailing 12 months

Close Brothers Group share dividends

61%

Dividend payout ratio: 60.69% of net profits

Recently Close Brothers Group has paid out, on average, around 60.69% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.54% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Close Brothers Group shareholders could enjoy a 5.54% return on their shares, in the form of dividend payments. In Close Brothers Group's case, that would currently equate to about 0.8p per share.

Close Brothers Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 15 October 2020 (the "ex-dividend date").

Have Close Brothers Group's shares ever split?

Close Brothers Group's shares were split on a 2:1 basis on 6 April 1994. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Close Brothers Group shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Close Brothers Group shares which in turn could have impacted Close Brothers Group's share price.

Close Brothers Group share price volatility

Over the last 12 months, Close Brothers Group's shares have ranged in value from as little as 817.4972p up to 1548.3872p. A popular way to gauge a stock's volatility is its "beta".

CBG.LSE volatility(beta: 0.91)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Close Brothers Group's is 0.9085. This would suggest that Close Brothers Group's shares are less volatile than average (for this exchange).

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Close Brothers Group overview

Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers various deposit products, including fixed term deposits and notice accounts. It also provides asset finance, asset-based lending, commercial vehicle hire, short-term bridging finance, insurance premium finance, invoice discounting and factoring, and property finance products. In addition, the company offers funding services for general aviation aircraft, and various leisure and commercial vessels; sale and rent back services for the brewing sector; broker finance services to agriculture, construction, manufacturing, and transport industries; leasing services for construction, manufacturing, IT equipment, and specialist assets; and loan, hire purchase, leasing, and refinancing services to the professional service sector, including dental, medical, pharmacy, and veterinary sectors. Further, it provides financial education, investment management, and financial planning and advice services; self-directed services that help investors to manage their portfolio online; and services for financial advisers. Additionally, the company offers liquidity and flexible execution services to retail stockbrokers, wealth managers, and institutional investors; market making, sales, research, and corporate broking services; and dealing, custody, and settlement services to the institutional, wealth management, and brokerage clients. Close Brothers Group plc was founded in 1878 and is headquartered in London, the United Kingdom.

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