RBC keeps GBp 480.00 target for Close Brothers stock

Published on 10/17/2026 at 22:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted profit fell 17.00 percent in fiscal 2026. Close Brothers stock stood at EUR 4.22 on October 16, 2026 at 8:04 a.m. CEST, at the Xetra close.

Analyst view and financial position

RBC analyst Benjamin Toms reiterated a Hold rating and set a GBp 480.00 target on October 1, 2026.
Adjusted operating profit fell 17.00 percent to GBP 120.30 million in fiscal 2026.
Close Brothers stock stood at EUR 4.22 at Lang & Schwarz on October 16, 2026 at 8:04 a.m. CEST, at the Xetra close of October 16, 2026.
Market capitalization was GBP 568.8 million and the P/E ratio was minus 6.66 as of October 16, 2026.

Modernes Bankgebäude im Finanzviertel mit Passanten in Businesskleidung — Fotorealistische Straßenszene zeigt Bankgebäude im Finanzviertel, passend zu Close Brothers Group plc, ISIN GB0007668071, London, Illustration mit AI erstellt.

Close Brothers Group (GB0007668071) faces a GBp 480.00 analyst target after RBC Capital analyst Benjamin Toms reiterated a Hold rating on October 1, 2026, according to Markets Insider. Against the London price of GBp 377.40, the target stands 27.08 percent above the stock. The last Frankfurt quote was EUR 4.22 on October 16, 2026 at 8:04 a.m. CEST.

Profit fell in fiscal 2026

The latest reported earnings provide the harder counterweight to the analyst view. Close Brothers posted adjusted operating profit of GBP 120.30 million for fiscal 2026, down 17.00 percent from GBP 144.30 million in fiscal 2025, while adjusted operating income fell 6.00 percent to GBP 642.90 million. These figures come from the preliminary results published on September 29, 2026 by FT.com.

Stock remains below its high

The London-listed stock last stood at GBp 377.40 on October 16, 2026 at 4:35 p.m. London time. Its 52-week range was GBp 318.40 to GBp 556.15, leaving the price 32.14 percent below the high and 18.51 percent above the low. Trading volume reached 352,794 shares against an average of 472,803.

Valuation and November date

Market capitalization stood at GBP 568.8 million on October 16, 2026, with a P/E ratio of minus 6.66. The company's annual general meeting is scheduled for November 19, 2026, at 11:00 a.m. London time, according to Lloyds Bank. The date gives investors a defined corporate calendar point after the fiscal 2026 results.

Comparison with peers

Close Brothers (LSE, GBp): P/E minus 6.66, market capitalization GBP 568.8 million.

OSB Group (LSE, GBp): minus 0.04 percent, P/E 6.61, market capitalization GBP 1.7 billion.

S&U (LSE, GBp): minus 1.57 percent, P/E 9.52, market capitalization GBP 227.8 million.

Price and investor perspective

The analyst target offers a 27.08 percent comparison with the London price, while the fiscal 2026 profit decline shows why valuation figures require caution. The last Frankfurt quote was EUR 4.22 on October 16, 2026 at 8:04 a.m. CEST, matching the Xetra close of October 16, 2026.