Close Bros Share News (CBG)

Berenberg lowers target price on Close Brothers

(Sharecast News) - Analysts at Berenberg lowered their target price on financial services firm Close Brothers from 1,250.0p to 1,200.0p on Wednesday after the group's results underperformed UK banking rivals by roughly 8%.

LONDON BROKER RATINGS: Barclays cuts Old Mutual and Mediclinic

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON MARKET CLOSE: Pound stages fight back but still under pressure

(Alliance News) - Stocks in London sunk into the red on Tuesday afternoon, with a see-saw session succumbing to selling pressure with sterling continuing to fight back from historic lows.

LONDON MARKET MIDDAY: FTSE 100 underperforms but pound steadies

(Alliance News) - Blue-chip European equities traded off session highs heading into Tuesday afternoon, with early morning confidence giving way to caution as the session wore on.

Close Brothers posts lower profit as declining markets hit Winterflood

(Alliance News) - Close Brothers Group PLC on Tuesday posted a decline in annual profit and income, as its Winterflood business faced a tough comparator.

Close Brothers profits fall as Winterflood hit by slowdown

(Sharecast News) - Merchant bank Close Brothers posted a decline in full-year operating profit on Tuesday, with the Winterflood business hit by a slowdown in trading activity.

Virgin Money will struggle to re-rate, says Berenberg

(Sharecast News) - Virgin Money tumbled on Monday as Berenberg re-established coverage of the shares at 'hold' from 'under review', saying the bank will struggle to re-rate given potential revenue headwinds and a sector-lagging return on tangible equity.

LONDON BROKER RATINGS: Berenberg likes OSB; JPMorgan cuts BP

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Whitbread on JPMorgan's positive catalyst watch

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Close Brothers hires Dyer as Winterflood CEO as Yarrow steps down

(Alliance News) - Close Brothers Group PLC on Monday said Philip Yarrow will step down as chief executive officer of Winterflood Securities, on September 20.

Close Brothers Winterfloods CEO Philip Yarrow to retire

(Sharecast News) - Investment bank Close Brothers said on Monday Philip Yarrow has decided to retire and will step down as chief executive from Winterflood Securities on 20 September after 22 years at its broking arm.

IN BRIEF: Gusbourne hires former Atom Supplies director Berry as CFO

Gusbourne PLC - Kent-based sparkling wine producer - Hires Katharine Berry as its new chief financial officer, effective from September 19. Says she is expected to be appointed to the board in due course.

TRADING UPDATES: Skillcast expects revenue rise; Cap-XX solves dispute

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

LONDON BROKER RATINGS: Peel Hunt starts ITM Power with 'buy' rating

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: