Risers and Fallers

FTSE 250 movers: Close Bros surges on upgrade; IG slips after sale

By Frank Prenesti

Date: Thursday 29 Aug 2024

(Sharecast News) - FTSE 250 (MCX) 21,077.53 0.05%
Close Brothers surged after an upgrade to 'outperform' at RBC Capital Markets.

The bank argued that whether you are looking at historical or sector-relative valuation, Close Brothers shares screen as cheap.

It noted that the shares have underperformed the sector by...

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