Broker Recommendations

RBC Capital upgrades Close Brothers to 'outperform', shares spark

By Michele Maatouk

Date: Friday 16 Jan 2026

(Sharecast News) - Close Brothers sparked on Friday after RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and hiked the price target to 625p from 475p.
"We think the bank has more fat that it can trim on costs, which is not reflected in consensus," RBC said.

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